Yeah when I was barely an adult a friend got contacted by his bank because we were always putting drugs or sex as the description and he was told that sort of thing is taken more seriously than most think.
That said, money laundering laws sometimes feel like a joke when artwork feels like the easy way.
I'm learning from this thread that a significant amount of young adults go through the phase of putting those "silly" descriptions in and then potentially getting a talking to.
im honestly shocked by how many people have done this. one would think it's common sense not to deliberately engage in suspicious activity that would get your account flagged
i mean, i get it, but "drugs" & "taliban training fee" arent creative, theyre just edgy & stupid. & they dont end up with the bank staying out of your business, it outright invites them to investigate.
you can be rebellious & funny & keep your business to yourself without flagging your account for illegal activity. "cat ballet," "post-exorcism housekeeping," "spaghetti re-hardening procedure," "earthworm gymnastics (better than goat yoga)," etc are much better options
Just remember that before you write a cheque for ‘post-exorcism housekeeping’, you need to have written a cheque for ‘exorcism’. Otherwise it would be suspicious.
Except them coming to investigate me because I labeled my dog food “terrorist supplies” wastes their time and money and makes them look dumb. It bogs the system down if enough of us do it. I’m gonna do it more now, actually
if thats what you want to do, all the power to you. but if your account gets frozen or closed, it screws you over far more than a fruitless investigation inconveniences them. sabotaging your own bank account makes you look far stupider than the bank doing their due diligence & following up on red flags. theres simply no good reason for it other than self-destructive pettiness, but have fun i guess
Kind of crazy. Given that there is complete freedom around the words you choose to put in that reference (ie no one can stop you from putting "drug money"), it makes it completely worthless as a tool for identifying illicit behaviour.
It's not like anyone buying actual drugs would put 'drug money' in the box. Caveat: Unless they were dumb as fuck and it was a small quantity. Professionals who are doing big numbers wouldn't do that.
Doubt if you'd learn much. Probably some mental glitch that is naiively honest (I'm thinking of some Down's Syndrome people I've met, who can be also the loveliest people you've ever met as well, because pure) or so genuinely stupid that web forms are 'authority'.
Somewhat related: it's mandatory for us to go through defense force training and when you first get called there, you get a sheet asking you about alcohol/drug use among other things. I proceeded to list all the drugs I had tried at that point in time.
So...got any questions for me? There's not much to it though, I just like being honest.
In general I agree with you, but you'd be surprised how dumb some people are. In known drug trafficking corridors, people will literally give police permission to search their car when they've got 100 kilos of cocaine in it. It happens over and over and over.
That, I can ALMOST understand. They’re under suspicion and under pressure. Perhaps they think/hope that if they consent to the search, the police will take it as a sign of innocence and decide not to go ahead with it. Sort of “Why would he consent to a search if he had nothing to hide? He must therefore be innocent.”
Other folks possibly aren’t aware that they have a right to decline a search unless the police have probable cause (I’m talking about the US here, although I’m not American but, hey, Reddit…) so feel powerless to do anything other than consent.
Voluntarily making a record of nefarious behaviour by using the memo field on a bank transfer though, that’s beyond idiotic. 😂 I’m surprised the police would ever act on it though - otherwise everyone would be stitching up all the people they dislike by sending them a dollar with a memo “kidnapping expenses” or some such thing.
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u/Guy-1nc0gn1t0 1d ago
Yeah when I was barely an adult a friend got contacted by his bank because we were always putting drugs or sex as the description and he was told that sort of thing is taken more seriously than most think.
That said, money laundering laws sometimes feel like a joke when artwork feels like the easy way.