Paypal money

[peanutrader]

I got a question. I've been thinking about selling runescape gold but I've been thinking if i could ever spend the money i get from it.

I'm only going to turn 19 and i'm still a college student. Say i had 1b(2000-2500$) to sell could i actually transfer the money to my bank without looking suspicious about the crazy money influx?

I mean is this illegal outside the game? could i get charged with something or just risk getting banned in game?

As i still don't have a job i dont declare taxes so i cant declare this i'm not sure what the risks are could someone help me understand?

 

You don't have to declare it unless you're making upwards of 9/10k per year. And lots of people still don't. It's not gonna get you in trouble.

 

[Superfluous]

You might check about the limits for when paypal starts declaring information about you to the government, but I think you should be fine. I transferred much more than that (granted, I declared it), and all I got from paypal was a phone call asking if I knew the person sending me the money.

 

[Alch]

Your fine to transfer it to your bank. However, don't send 2k+ at once. If you do, your bank might poke around and ask you questions but your government likely won't.

-Info is based off my experience in Canada, not the U.S.

 

[Justice1337]

double check that your PayPal have all your real information.

 

[peanutrader]

I actually live in portugal and our government is pretty corrupt. Our taxes are no where near the IRS in terms of strictness so with your information i guess i should be pretty safe. Thanks guys. By the way is there a safe way ban proof to trade the gold to someone? Maybe proxies or "staking" the GP?

 

[Superfluous]

^ No.

 

[kushl9ve]

I actually live in portugal and our government is pretty corrupt. Our taxes are no where near the IRS in terms of strictness so with your information i guess i should be pretty safe. Thanks guys. By the way is there a safe way ban proof to trade the gold to someone? Maybe proxies or "staking" the GP?

Definitly don't use proxies/VPS' they are more likely to get you banned than without using one.

Staking the gold however is safer than just trading it based on my experience.

 

[Raze45]

No, it's completely fine. However as Bogla said, don't try and withdraw it all at once..

 

[escorted]

I think it has to be upwards of 10K~ for the banks to notify the gov't