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    JKeshwji's Avatar
    JKeshwji Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Oct 6, 2009, 09:29 PM
    Legality of an abroad company
    Hello,

    I was approached by a company based out of Saint Petersburg RUSSIA. They sell variety of things via Internet. They want me to open an account in US, under my name, to conduct the business activity of receiving and transferring monies for a commission. I was wondering if this is legal? Secondly, how do I prove to IRS that company's transactions weren't my personal business. Any advice will be greatly appreciated.
    hkstroud's Avatar
    hkstroud Posts: 11,929, Reputation: 899
    Home Improvement & Construction Expert
    		  
    #2

    Oct 6, 2009, 10:22 PM

    It's either a scam (most likely) or its money laundering.
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