Active discussions

Meet the Other Phone. A phone that grows with your child.

Meet the Other Phone.
A phone that grows with your child.

Buy now

Please or to access all these features

Talk
AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Original poster

Hiding money?

61 replies

cheesecadet · 05/12/2020 08:11

What reason would a person transfer money into someone elses bank account from Paypal and then withdraw from there?

OP posts:
Igotthemheavyboobs · 05/12/2020 09:01

I've done this if I didn't have my card but needed cash and they didn't have online banking.

It really depends who it is though and why you are suspicious. Dp wouldn't bat an eyelid at me doing this as not out of character.

RaspberryCoulis · 05/12/2020 09:03

Any number of reasons. Impossible to speculate.

Just ask?

SchrodingersImmigrant · 05/12/2020 09:11

For the reasons they told you? As pp said, cash? Money laundering? Assassin's fee and hiding it from HMRC?

What's with all the vague-ish threads lately?

curlycat · 05/12/2020 09:26

My daughters boyfriend is useless with money so when he is paid he transfers the bulk to my PayPal account and I give him what he needs when he needs it.
I prefer it going in there and not my bank account as its totally separate and I font need to keep track of what I've given him

SchrodingersImmigrant · 05/12/2020 09:38

@curlycat

My daughters boyfriend is useless with money so when he is paid he transfers the bulk to my PayPal account and I give him what he needs when he needs it. I prefer it going in there and not my bank account as its totally separate and I font need to keep track of what I've given him
You daughter's boyfriend keeps his money with you? Sorry but that's weird. Shock
Igotthemheavyboobs · 05/12/2020 10:16

@curlycat

My daughters boyfriend is useless with money so when he is paid he transfers the bulk to my PayPal account and I give him what he needs when he needs it. I prefer it going in there and not my bank account as its totally separate and I font need to keep track of what I've given him
Sorry, this needs a whole thread of its own. Why are you in charge of your daughter's , boyfriend's cash?
NekoShiro · 05/12/2020 10:19

You can't withdraw cash from PayPal, it's a middle man so I have to transfer my PayPal balance to my linked bank account to withdraw it. I don't fully understand what you're asking but maybe the person doesn't have their own bank account to transfer to?

curlycat · 05/12/2020 12:24

@Igotthemheavyboobs @SchrodingersImmigrant
Because he's only 20. Been in care. Never been taught to budget. Has his own flat and just needs a bit of help to get on his feet and learn to cope. I dont see what's wrong with giving him some support and help until he works it all out for himself which is what he is trying really hard to do

Original poster
cheesecadet · 05/12/2020 12:47

Hi sorry for being vague.

I'm stressed out. It's such a long story but briefly I've applied for an online divorce and started proceedings to sort out financial with a solicitor. He's in the house, he's in a lot of arrears and I'd prefer it if he were to buy me out but looks like a sale is on the horizon.

Last night he (I'm pretty sure this is what he's done) asked for her bank card, transfered money from his paypal account into my 16 year olds current account and withdrew money, with her consent, (she told me after) so I think he's hiding money.

If I'd known I would hidden her card and pretended it was lost for the time being. It's done now, but she was quite confused as to why he'd done it and I couldn't hide my concern but I didnt explain why.

We are not on speaking terms, far from it, I absolutely hate him. He's always thought that's he's above the law and will try and get away with everything he can to avoid using money and doing things legally.

I need to talk to them. I really wanted to avoid discussing the divorce and house situation for as long as I coul but I'm going to have to discuss with my kids the situation, that it's not right what he's doing, and why he's probably doing it. They are extremely close to him but I think they need to know what he's up to. Maybe explain that hes's doing it because of the divorce and financial situation and that he wants me to benefit less, and also explain that it will also benefit them less too, so chose wisely with giving out card etc.

I absolutely don't want to get the kids involved. What can I do? I'm going to call my bank to see if there's anything I can do that I've not thought of, and tell my solicitor. She's 16 so what are my rights?

Just need some helpful words of advice or comfort. Just need to be untied to this man and him out of my life.

I know I have my solicitor but he is so unbelievably slow with everything.

Sorry if it's still vague. Ask me any questions if you like.

Thank you.

OP posts:
slashlover · 05/12/2020 12:55

If his bank account is in arrears then could he be over his allowed overdraft? Transferring the paypal money to his account might mean that he isn't able to withdraw it.

Original poster
cheesecadet · 05/12/2020 12:56

And I don't want him to know that I'm on to him.

OP posts:
Original poster
cheesecadet · 05/12/2020 12:57

Thanks, sorry the mortgage is in a lot of arrears.

OP posts:
Original poster
cheesecadet · 05/12/2020 13:00

They are very close to repossession.

I haven't lived in the house for a very long time but I'm in contact with the mortgage company. It's well over a grand.

I've been on divorce and separation on Mumsnet but don't find it very helpful. I need some traffic.

OP posts:
Original poster
cheesecadet · 05/12/2020 13:01

@slashlover thinking about it, his current account is probably overdrawn too.

OP posts:
thecakebadge · 05/12/2020 13:02

When I make a payment from my PayPal account it comes off my credit card as that’s how I’ve set it up. I’m wondering if that’s what he’s done too. That way you can use your PayPal to essentially get cash from your credit card without paying withdrawal fees etc. If I paid my DH from my PayPal to his current account I could then go and ask him to withdraw the same amount of cash.

WhatWouldYouDoWhatWouldJesusDo · 05/12/2020 13:03

It sounds like he's lost his bank card and needed some cash.

So he's transferred the money online then withdrawn it.......I've done similar but didn't use pay Pal. Just transferred straight into my partner's bank account then withdrew it.

ChocolateChipMuffin2016 · 05/12/2020 13:08

It might be that he wanted cash from his credit card. Years ago (before we were married) my DH loaned me a large sum of money but I needed cash and he only had a credit card. So he ‘paid’ me via PayPal and I withdrew the cash. So it might be that?!

Original poster
cheesecadet · 05/12/2020 13:15

Thank you. Am I jumping the gun then here? Obviously you don't know my ex so very hard to judge but later on in the marriage and ever since I left him I was paranoid as to what he was doing. He's dodgy and I could never figure out whether he was doing something above board or not.

Wish I never had to deal with him ever again.

I really don't want the house to be sold either, my kids have lived there for 16 years.

OP posts:
RandomLondoner · 05/12/2020 13:22

If his house is being repossessed and his bank account is overdrawn, it doesn't sound like he's got money to hide.

If the amount is £1000, it's money to live on. If it's £10,000, it's money to spend before the divorce takes effect. If it's £100,000, then I think he might be hiding money. Doubt the latter is possible with PayPal.

Original poster
cheesecadet · 05/12/2020 13:29

Thanks @RandomLondoner. He works cash in hand that doesn't provide enough to live on, he knows it's not working out but is very stubborn and has said that he'll never work for someone again!!! (He's had bad exeriences of working for people but that's because he's an arse and causes trouble for himself and others! He's narcissistic and horrible).

I'm thinking that what he does earn, that's what he's putting in her account instead of his own as he doesn't want it showing for the financial situation? I don't know, but I'm never going to know I suppose.

OP posts:
HollowTalk · 05/12/2020 13:35

But if bank statements have to be shown, then surely it would show him as transferring that money?

Original poster
cheesecadet · 05/12/2020 13:38

@HollowTalk you mean statements on my daughters account? I'm on hold to the bank, going to ask what rights I have with access considering she's 16. She gets paper statements, I've just opened an old one even though it could be illegal?

OP posts:
Original poster
cheesecadet · 05/12/2020 13:40

Oh sorry statements for the solicitor! Well no Paypal wouldn't show on his account will it as he's done it this way.

OP posts:
HollowTalk · 05/12/2020 14:28

Sorry, I was getting confused! He has the money in PayPal and is paying that into your daughter's account. He's then taking it out as cash? Is that what's happening?

How is the money getting to PayPal - is it earnings? Have to say I've had a few jobs done around the house where the guys have asked me to pay it into PayPal.

Original poster
cheesecadet · 05/12/2020 14:55

It's okay! Yes I think that's what he's doing. I'm pretty sure he has a current account as well though. Well he did when we were together.

It'll probably be his earnings yes. Oh right okay. What benefits would there be to putting it in a PayPal account rather than a current one? I'm clueless about PayPal!

It really helps to get this off my chest - thank you.

OP posts:
Swipe left for the next trending thread