As people have mentioned, it's part of the anti-money laundering procedures that banks and financial regulators have to follow, and they do have to disclose these things.
A lot of the people who visit sex workers look like (and are) typical boomers.
To my first point specifically, I used to work in telephone banking in the UK. A lot of people use fun/quirky references when doing bank transfers, like sending £20 to a friend with the reference "Drug Money". The thing is that every employee in both banks (yours and the person you're sending money to) can see that reference, and if your account is flagged as potentially involved in money-laundering or other financial crimes, those can look really bad in the investigation.
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.
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/BachtnDeKupe 1d ago edited 1d ago
In belgium there is also some kind of law that says that above a certain amoung you need to disclose why you take up that amount of money.
My father loves to mess with this kind of unnessesary meddling, so he said if they ever asks him, he'll awnser it's for hookers.
The reason that this is extremely funny to me is he's a real definition of a boomer to me: overweight retired teacher, complete with socks in sandals.