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Carrying Large Amounts of Cash


ErieBear
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Posted

Let's say that you are traveling to a city and you are hiring an escort there for a weekend. His going rate for the weekend is (hypothetically) $2500. Do you just simply carry that amount of cash with you?

 

Honestly, it would make me very, very nervous to carry all that cash on me. Especially to a big city (i.e. NYC, LA, DC) that I don't know very well and don't know the area very well.

 

Just wondering what y'all do.

 

Thanks.

 

EB

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Posted

I have carried the cash... albeit carefully concealed. Also, reputable hotel's have safes in the rooms.

 

I guess it is simply part of the adventure, sense of excitement, and exhilaration of it all.

Posted

There really isn't much choice. I take the cash and lock it in the hotel safe. Traveler's checks are too much of a hassle.

 

The guys I know and have been with repeat times will take a check.

Posted

I guess it is simply part of the adventure, sense of excitement, and exhilaration of it all.

 

great reply!.....I get the same feeling, but I'm constantly checking my pocket or wallet to see if the wad is still there!.....be careful!!!

Posted

I am with WG and LouieD on this. I remember carrying in excess of several thousand dollars when traveling, when I knew I was going to be hiring an escort. Actually, like WG found the experience exhilarating, and kind of exciting. All hotels have room safes, and while traveling, I kept the money in a money belt, tucked securely around my waist.

Posted

I usually pay with a check and i have never had a hassle with it. Even if I did not mention it ahead of time, which I usually do, every escort I have paid with a check has accepted it without problem I can understand why they would not, and I do offer to go to the bank to retrieve the money should the prefer, but i have never been asked to so so. Cashier's check is a reasonable alternative to cash.

Posted

As a friend of mine once said...."always carry your passport and $10,000 in cash....someday the shit will hit the fan."

 

I live by those words, and they have gotten me out of more than a few disasters. It's not as big a deal as you think.

Posted
It's not as big a deal as you think.

 

I remember the first time I carried that much cash. I was saying to myself, WTF are you doing, now it is just part of the game...

Posted
As a friend of mine once said...."always carry your passport and $10,000 in cash....someday the shit will hit the fan."

 

I live by those words, and they have gotten me out of more than a few disasters. It's not as big a deal as you think.

 

I am not being my usual sarcastic self here nycman, but you really carry $10k in cash on your person on the streets of Gotham City? You have balls...

Posted
but I'm constantly checking my pocket or wallet to see if the wad is still there!

 

Remember that when you're out there, nobody knows that you carry $2500 or $100K.

 

Checking constantly your pocket will attract suspicion. Just act naturally like a poor and broke dude would do.

 

This from a poor broke dude. :)

Posted

I totally understand that you feel uncomfortable carrying cash, but maybe it would help you to know that many travellers, escorts and clients alike often travel with a much larger amount of money and I have never heard about any problem because of this. All hotels have safes, either at the Lobby or in the room, and there is no reason for which it would be risky to carry it with you. Unless you are crossing a border, in which case you have to declare if you are carrying more than 10,000.

 

I usually pay with a check and i have never had a hassle with it. Even if I did not mention it ahead of time, which I usually do, every escort I have paid with a check has accepted it without problem. Cashier's check is a reasonable alternative to cash.

 

You are very fortunate. Most of the escorts I know do not accept checks, especially when it has not been discussed beforehand.

 

If you are a new client out there reading this trying to learn about the fun business of hiring, I would say that you should never -under any circumstance, try to pay an escort with a check, especially without having negotiated this beforehand. Not only it is often understood this is a cash only business, also in countries such as The United States paying for sex is illegal and you may find it challenging to explain large cheques to the tax man.

 

Also, and even if I know many wonderful escorts in whose trustworthy hands I would put my life, there are a few shady and colourful characters out there from whom perhaps you may want to keep your banking details secret.

 

Cash is simple, final, leaves no trail and shows consideration to your escort.

 

This, of course, is just my personal opinion.

Posted

I'm about to face the prospect of walking around NYC with a minimum of $500 for an appt. next week. And maybe more ... I'm waiting until just a few hours before the appointment and getting the money from a branch of my bank that day. At least that limits me to hours instead of days walking around with some much money.

 

I tend to carry $200 or less in case I lose my wallet or get robbed.

Posted

Yes, all that is true.

 

But, anyone, escort or otherwise, who tries to commit a fraudulent act on another's bank account will have the FBI to answer to.

Posted

The tax man does not question checks that are written in large amounts, unless the taxpayer is deducting them.

 

He may question receipt of such amounts, cash, check or otherwise, by the recipient.

Posted

I'm not an accountant, but the taxman may have an issue with checks totalling over $13K in a calendar year. $13K is the maximum amount allowed as a gift; anything beyond that and the giver is required to pay gift taxes. If a client did a number of longer engagements with an escort, he could rack up $13K pretty quick. True, those checks aren't a gift, but I wouldn't want to open up the escort/client can of worms with the IRS.

 

Steven Draker makes a good point about not drawing attention to yourself when carrying large amounts of cash. Here in Las Vegas, I'm always a bit nervous for the tourists with Louis Vuitton wallets and gold Rolexes. Maybe the guy with the $1500 Louis Vuitton manpurse doesn't have two dimes in there, but a thief is likely to assume otherwise.

Posted
I'm not an accountant, but the taxman may have an issue with checks totalling over $13K in a calendar year. $13K is the maximum amount allowed as a gift; anything beyond that and the giver is required to pay gift taxes. If a client did a number of longer engagements with an escort, he could rack up $13K pretty quick. True, those checks aren't a gift, but I wouldn't want to open up the escort/client can of worms with the IRS.

 

And if those checks totaling over $13k aren't gifts, the taxman would certainly want to see the escort claiming the income (unless he could prove it was the repayment of a personal loan or some such, which would open a whole other can o' worms).

 

Kevin Slater

Posted

 

 

You are very fortunate. Most of the escorts I know do not accept checks, especially when it has not been discussed beforehand.

 

If you are a new client out there reading this trying to learn about the fun business of hiring, I would say that you should never -under any circumstance, try to pay an escort with a check, especially without having negotiated this beforehand. Not only it is often understood this is a cash only business, also in countries such as The United States paying for sex is illegal and you may find it challenging to explain large cheques to the tax man.

 

Also, and even if I know many wonderful escorts in whose trustworthy hands I would put my life, there are a few shady and colourful characters out there from whom perhaps you may want to keep your banking details secret.

 

Cash is simple, final, leaves no trail and shows consideration to your escort.

 

This, of course, is just my personal opinion.

I know of at least one escort who lost more than $5000 in cash. I had paid him with a check which he kept separate from the cash and as a result he did not lose all the money from his trip. i have no doubt that cash is king, but for those out there who have a legitimate concern about carrying large amounts of cash in a big city, it is worth considering either a cashier's check or a personal check. Every time you give out a check you do risk someone somehow using that information but that is as true of escorts as it is in the doctor's office.

An acquaintance of mine told me he went for a colonoscopy and he had his identity stolen by one of the worker's at the center. The worker had access to a lot of personal information through the patient's records. In fact, it was the center personnel who called him and informed him that he was one of several victims. So one can never be too careful.

 

Juan, when you finally get your fine self to the NYC area, if I am lucky enough to steal a date from what would likely be a very rabid run for your time, you may certainly have cash if you prefer, but I will bet that even if you prefer cash and receive cash that after our encounter you would feel comfortable accepting a check. Let us put my theory to the test and have you come to the Big Apple.

Posted

I will usually carry cash if I am going to do an hour long appointment without too much stress. When it comes to a weekend or longer, I usually don't. No way do I or will I ever feel comfortable with more than $1000 bucks on my person.

 

I do remember the first time I did an overnight that was going to be me travelling to the escort but after several days of travel. I was stressed to the max of what to do. I looked for an affiliated bank anywhere near my travel, but the meeting was to be a Sunday, so that wouldn't work. Finally I emailed the escort and explained my 'situation'. "No problem", he said, you can bring a cashier's check or a money order.

 

Moral of story. I would never recommend you carry any more cash than you feel comfortable with. I would never try to write a personal check to an escort without prior approval. I would never allow an escort to talk me into pre-paying my experience by paypal or any other means (being screwed over once was lesson enough). Do contact your escort before hand and explain your reluctance to carry a large sum of cash and see what alternatives he will accept, but make sure you do this in advance of your appointment. There is a real good chance they have dealt with this before and can offer you a solution that will work for the both of you.

 

Also I think there was something passd years ago, possibly in conjunction with the patriot act, which REQUIRES all institutions reporting cash transactions of over $10,000 (including your bank). So in the USA (at least) cash is not as anonymous as you may think either. Perhaps someone more familiar with the regulation's requirements can enlighten us on this rule.

Posted

I have never used them but I was wondering if those pre-paid credit cards you can get in most drug stores these days can be a decent way to avoid carrying large cash. I assume it provides anonymity to the person buying it. Just load it up with the amount of the encounter and give it to the escort at the time of the meeting for his use as he wants. Assuming the balance could easily be verified by the escort at the time of the encounter (quick phone call or thru a computer) it might be a good alternative. Like any non-cash transaction, it would need to be discussed with the escort prior to the appointment. Not sure if it is really safer than cash as you could still lose it or have it stolen prior to the appointment but somehow it "feels" safer as it is easier to conceal than a fairly large wad of cash. Maybe like a regular credit card if it is stolen/lost you can call it in to report it and get the balance back? If so, then could be a risk for the escort that a client could do that after the fact so perhaps not a good solution after all.

Posted

I forgot to mention...

 

I forgot to mention above that certain leather accessories are designed to carry and conceal cash... Therefore one gets a nice balance between practicality, functionality, and being aptly "attired" for the occasion as well!

Posted

I agree with Juan on the cash thing- 100% . As a very young man I had a good regular I had seen 10 or so times who paid via personal check and never a problem. One friday he had his regular 8pm appointment with me for 2 hours and it went really well. We kissed and said see you next week. when I went to my bank about 2pm the next monday I was informed that the account holder had stopped payment on the check. i called client and no answer. I had a free day wednesday so I casually stopped by his apartment (he was single so no discretion issues) On the door I discover an eviction notice and the house was empty as I could see in the window. never heard from the guy again. Cost me $300 bucks but it taught me a valuable lesson. CASH is king. one more note : I have ALWAYS had two fears in this business neither one has ever happened thank God! 1. Heaven forbid a client dies on you in the middle of a session. what would you do? 2. You get counterfiet cash and you have to answer for it. that is the ONLY downside of cash I can think of. I just dont think in terms of being robbed . Maybe we should though. sometimes at night I have seen several clients and the thought does cross my mind that I am packing some serious cash. I try to just act casually and yet use common sense. great thread! http://www.rentmen.com/mikeyusatop or http://www.rentboy.com/mikey9nola1

Posted

On several occasions I have paid all or part of an escort's fee with a pre-paid debit/gift card. I asked for this consideration simply to reduce the amount of cash on my person. These arrangements were for extended appointments (multi-day) with escorts that I had met previously. In each case, the escorts and I trust/respect each another, and the escorts agreed in advance to the payment arrangement. So, it is possible, but I would never expect an escort on a first meeting to accept any other form of payment than king cash.

Posted
You get counterfiet cash and you have to answer for it. that is the ONLY downside of cash I can think of. I just dont think in terms of being robbed . Maybe we should though. sometimes at night I have seen several clients and the thought does cross my mind that I am packing some serious cash. I try to just act casually and yet use common sense. great thread!
A few years ago an escort did show me a couple of Ben Fanklins that were counterfeit. His bank noticed it immediately... stamped them as being counterfeit and returned them to him... He kept them as a learning experience... Now I am not sure if this is standard procedure as a friend who deals in a mostly cash business told me that the one occasion that his bank noticed that a bill was counterfeit they confiscated it... Anyone here work for the US Treasury and can tell us what the standard procedures are????

 

In any event, perhaps escorts should use those "magic markers" to check for counterfeit bills... but actually most guys don't even bother to count 'em when handed over!

 

At any rate, when carrying cash... just use common sense and act normally... and yes! Great topic!

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