Show us how you commit fraud on tiktok, lol

[Reptile]

The fat white woman the gas camping stove in a cardboard box willingly posting this online


Getting caught and kicked out

4 Ls in one. nikka got the Swastika Package.

 

[RadaMillz]

play stupid games, win a free felony

 

[BobbyWojak]

4 Ls in one.

How have I never noticed that

 

[The D-List Vet]

Reminds me of when that one coli bro had the FBI on his doorstep in Miami

 

[Brolic]

Her paying taxes on that

And she’s also talking about $40k in funding from quick books. That’s a business loan. I still don’t understand why scam/LLC twitter are so obsessed with getting loans. They act like it’s free money that you don’t have to pay back.

 

[Arcavian]

Is that fraud though? I’m not trying to be a contrarian or anything. She’s gaming the system for sure but it doesn’t seem illegal. If one company buys something on credit from another company, there’s nothing illegal about that. Seems like a loophole to me

I could be missing something tho

Its not gaming the system

Its lying, lying is fraud

Let that dumb bytch get you locked up if you want to

 

[TL15]

Its not gaming the system

Its lying, lying is fraud

Let that dumb bytch get you locked up if you want to

I didn’t say I was going to do it

But when you say “it’s lying, lying is fraud” delve deeper. Where exactly is the lie? It just seems (again not trying to argue on the internet, I’m seriously just interested in how others see this) like she is taking her own money and gaming a system legally. There’s no law saying you can’t use credit to buy a commodity, there’s no law saying you can’t buy something from yourself. Etc.

Thoughts?

 

[Kiyoshi-Dono]

 

[↓R↑LYB]

Is that fraud though? I’m not trying to be a contrarian or anything. She’s gaming the system for sure but it doesn’t seem illegal. If one company buys something on credit from another company, there’s nothing illegal about that. Seems like a loophole to me

I could be missing something tho

SMH. When she sends those invoices that's considered business income. And business income requires taxes to be paid. Her dumb ass just increased her quarterly tax bill for nothing when all she needed to do is pay her bills on time and her credit limit will raise naturally.

Not to mention that shyt is fraud.

 

[↓R↑LYB]

And she’s also talking about $40k in funding from quick books. That’s a business loan. I still don’t understand why scam/LLC twitter are so obsessed with getting loans. They act like it’s free money that you don’t have to pay back.

They're obsessed with getting loans because they think once they have the money they can magically flip it into a profitable business. Even though they have no education, expertise, or experience in business.

All these nikkas is gonna end getting sued by these credit card companies and up in bankruptcy court.

 

[TL15]

SMH. When she sends those invoices that's considered business income. And business income requires taxes to be paid. Her dumb ass just increased her quarterly tax bill for nothing when all she needed to do is pay her bills on time and her credit limit will raise naturally.

Not to mention that shyt is fraud.

She’s also operating the other “business” at a loss, correct? So the same person could write off business expenses and be even.

One LLC made X money,
One lost X money due to expenses
The person is evened out, no?

Not to argue just seeking clarification, conversation about it.

 

[↓R↑LYB]

She’s also operating the other “business” at a loss, correct? So the same person could write off business expenses and be even.

One LLC made X money,
One lost X money due to expenses
The person is evened out, no?

Not to argue just seeking clarification, conversation about it.

This is what people do who 1) don't have legitimate businesses or 2) any oversight. A legitimate business isn't sending fraudulent invoices to itself (increasing it's tax liability in the process), just to ultimately acquire high interest debt that they have no plan of repaying.

If you were CEO of your company and you caught your CFO doing what you described what would be your response?

 

[TL15]

This is what people do who 1) don't have legitimate businesses or 2) any oversight.

If you were CEO of your company and you caught your CFO doing what you described what would be your response?

I’m not saying that “I’m right” trust me this isn’t me doing the coli thing where I’m trying to argue

Obviously it’s shady
Obviously it’s not ethical
I’ve never once said it’s even smart. It’s definitely teetering the line and if I was running a legitimate business built on the sale of actual commodities of course I’d fire my CFO for cooking the books.

That’s not what this is though. This is a woman who seems to have found (potentially ) some weird loophole to boost her credit short term. My whole goal in the conversation is to just see what others think about it. That’s all

 

[↓R↑LYB]

I’m not saying that “I’m right” trust me this isn’t me doing the coli thing where I’m trying to argue

Obviously it’s shady
Obviously it’s not ethical
I’ve never once said it’s even smart. It’s definitely teetering the line and if I was running a legitimate business built on the sale of actual commodities of course I’d fire my CFO for cooking the books.

That’s not what this is though. This is a woman who seems to have found (potentially ) some weird loophole to boost her credit short term. My whole goal in the conversation is to just see what others think about it. That’s all

That weird loophole is called fraud.

All about counterfeit invoices: what they are, how they are detected and the penalties they incur

What is a false invoice? Find out how to detect them and how to get the IRS to investigate them, in detail in this guide.

www.easyap.com

What are false invoices?​

By definition, we understand false invoices as the accounting documents issued with the intention of deceiving the tax authorities and obtaining illicit benefits. They can be generated to simulate taxes that never occurred or to inflate the value of a real transaction.

Thus, false invoices allow the company issuing them to deduct something it never paid or to collect undue reimbursements. In terms of their uses, they are usually used for the following purposes:

- Tax evasion
- Money laundering
- Financing of illegal activities
- Committing fraud against the corresponding tax authorities

As you will understand, false invoices constitute a serious crime, regardless of the tax residence and the place where the issuing company operates. Although legislation varies from region to region, companies that issue false invoices can face civil and criminal penalties, as you will see below.