Many people are fools for believing they are smarter than the authorities and that they will never get caught for evading taxes or for fraud/corruption. It is hard to believe how people are their own weakness and leave themselves exposed through stupid behavior.
Roughly 5 or 6 years ago I can recall someone who had been using Face Book to tell all how well his business was doing by having these lavish overseas holidays. This was not the same story he was telling the South African tax man and how he got caught out through their lifestyle audit. If this chap had kept quiet and not posted his travels no one would have been the wiser and the tax man would of had no idea.
Recently the Special Investigations Unit in SA has been following up on accusations of fraud payments for visas which anyone with a brain would have known has been happening for the last 20 years. The story has been running for a couple of months now with the Home Affairs officials in the firing line with over 20 of them having been suspended pending an investigation. There have been thousands and thousands of illegal visas sold privately and this is now coming to light how corrupt the Home Affairs office really was. This is people taking advantage of their position of power and there is no place for them in society.
The SIU has already uncovered over R20 million in fraudulent payments for visas and this is the start and should be in the hundreds of millions knowing the time frame of 20 years. Having something someone wants and cannot get means those people will pay and it will be expensive. Recently a lady from Nigeria was found to be travelling on illegal documents in the UK having received those documents from SA and how this all unraveled. This just takes one story to surface to bring down the entire corrupt department and like I mentioned this was too obvious what was going on. The government will turn a blind eye even if they know about it and will only act if a foreign government exposes what they already know. Sadly this is the SA government in a nut shell and exactly how they think and act.
The one lady who earns a reported R30K monthly or $2K has recently had a small mansion built by her husbands building company. The funds linked to her total around R10 million and were funneled from her to her husband. The Home Affairs used WhatsApp for the deals and was so blatant people were paying upwards of R3K per visa that were organized immediately within a few days when knowing full well these people did not qualify.
The property above is not an under the radar type property and there is no ways one could talk their way out of this. The lady even had the private road paved which would have cost her more than her annual salary. There is nowhere to hide and any lifestyle audit will catch these fools as they are not exactly that bright which is a good thing. Buy a house you can afford and renovate that house with your corrupt earnings, but do not build an entire new house like this women has done.
I have always been very cautious in what I do and do not really have an online presence and if you look me up there is no Face Book foot print as I never was interested in this nonsense. I am the person who would prefer to communicate by phone and not post things online. HIVE is slightly different as it is not mainstream for now and if it became mainstream you are still protected some what by revealing what you select.
Around 3 years ago my chiropractor informed me that one of his patients worked for the South African Revenue Service (tax man) and that they were doing lifestyle audits on crypto investors using the local LUNO crypto exchange. I have used LUNO once in my life and never again so highly doubtful I would peak any interest and this is more about the off ramp than the on ramp and whether you declare this or not.
Last month when I paid for a new warehouse and fork lift rental those payments were not straight forward as they came from my off shore account. These were highlighted and the businesses being paid had to accept these payments where as in the past these would automatically end up in their accounts. Not a major problem for now, but one I am well aware of for not being highlighted or flagged in the future. I am careful enough to steer clear of trouble and there will be no foreign funds coming here unless needed like last month for these payments. Thankfully I have sources that can move funds locally overseas without having to use a local bank and the way things are this is going to be the only way to remain in the shadows.
