Quote Originally Posted by george View Post
hi walter,

it seems to matter to me because the funds transferred from anothers paypal in to yours were not redeemed lawful money so when you transfer those same funds in to anothers paypal when purchasing something from them, there was no lawful money involved in that transaction, only FRNs so what you pruchase still has that 1st lien, therfore it is not lawfully in your possesion.

does that make sense?
I am guessing here that it would be depending on the transaction.
If you had monies coming in and large amounts then it could be considered income.
But if you read paypal they claim they can shutdown and seize the account at any time.
So it means it is their account not yours.
So why would anyone have large amounts in that account anyway?
I have a friend that created and runs a multi-million dollar business and he shut down the paypal account just for that purpose.
It was to risky.