Legal Corner

VIP ESCORTS bust?
lena1 2468 reads
posted

Apparently this NYC-based agency was busted in February - surprised there's no mention of it on the boards? It's in the news... They were high priced ,and serviced NY, Texas, Florida, DC... . Has anyone heard of them?.

-- Modified on 5/29/2020 10:02:30 PM

There were news reports in the NY dailies but I can't provide links because they mention Names. You'll have to do some creative googling.  
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"XXXX and YYYY were each charged with one count of conspiracy to commit money laundering and two counts of money laundering. Each count against them carries a maximum sentence of 20 years in prison. Neither defendant was charged with prostitution."
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From the SDNY DoJ website:
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Tuesday, February 11, 2020
United States Attorney Announces Money Laundering Charges Against Operators Of Multimillion-Dollar Nationwide High-End Prostitution Enterprise
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"The United States Attorney for the Southern District of New York, Special Agent in Charge of the Department of Homeland Security’s (“DHS”) Homeland Security Investigations (“HSI”) in New York, and the Commissioner of the New York City Police Department (“NYPD”), announced today the arrest of XXXX and YYYY for money laundering and conspiracy to commit money laundering in connection with their ownership and operation of VIP Escorts, a nationwide multimillion-dollar business offering high end prostitution services, as well as the seizure of bank accounts and 391 websites related to the VIP Escorts business.  XXXX was arrested this morning at Tampa International Airport while boarding a flight to Mexico and was presented today in Tampa federal court.  YYYY was arrested by Israeli authorities in Hadera, Israel.  The United States Attorney’s Office will seek YYYY’s extradition to stand trial in the United States."
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"As part of their prostitution business, XXXX and YYYY arranged for escorts to meet clients in Manhattan and in numerous other locations for prostitution services, charging them thousands of dollars.  They required escorts to deposit the proceeds of their commercial sex acts into a large number of bank accounts that they controlled, many of them in the name of fake entities.  They then laundered the money through thousands of domestic and international financial transactions. ..."
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There are many other business Organizations operating under a single major name, unrelated to prostitution (except, possibly, as clients), that are actually a conglomeration of hundreds of LLCs with mysterious interconnections that allow them to hide the sources and destinations of financial transactions. That's what makes it so difficult for the IRS to audit their tax filings.  An example was recently (May 13, 2020) mentioned on the P&R board (subject line: "Re: Tax returns are ALREADY in the hands of the gov").

Posted By: lena1

Apparently this NYC-based agency was busted in February - surprised there's no mention of it on the boards? It's in the news... They were high priced ,and serviced NY, Texas, Florida, DC... . Has anyone heard of them?.

Apparently, they do not care about getting caught & Being shut down.

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