Yeah, it's hard to feel bad for someone who puts themselves in the situation they are in. He knew he would get caught. Nobody thinks they're gonna be able to do that shit and just get away with it do they? I don't have anything against the guy cause I don't know him but I sure as hell don't feel bad for him.
I'm betting after 6 years he def thought he was gonna get away with it...what I don't understand is why that cash needed to be turned into money orders at all if they weren't recording those transactions?
I know very few people that actually follow all requirements for reporting, but this dude went over the top.
Buying $825,000 worth of money orders ain't hiding your cash very well. He should have expected the IRS meatball flag.
Apparently you can't be successful in this business unless you cheat the system. I just wanna know where the hell he got 825k in CASH?? I know a lot of people know about Kyle Racing, but fuck me! Are there that many californians that walk into his store and buy suspensions parts paying cash?? lol Wonder what his total gross revenue was during that same period of time.
If you figure a shock runs anywhere from $1200 - $2000 bucks on average x 800 customers over 6 years then it's pretty plausible.
Somebody else asked, anyone know why you would buy money orders? Plus I thought banks made reports or you filled out stuff when it was over 10k? I rarely get cash, so I don't have these problems.
