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This is why, if you ever want to extort money from someone, you have your lawyer talk to their lawyer first. I'm sure they could have set up an LLC for the exto

by defen 11y ago

This is why, if you ever want to extort money from someone, you have your lawyer talk to their lawyer first. I'm sure they could have set up an LLC for the extortionist/victim to perform "market research" or something.

DaveWalk 11y ago
And don't forget the income tax; according to the article, even extortion must be taxed as per the Supreme Court, 1952.
- JadeNB 11y ago
  I've always enjoyed the specification in the instructions for the 1040 form that you must include all sources of income, including illegal income! (Of course, famously, it was on this count that they got Capone.)
- bmelton 11y ago
  Surely that was obviated by Haynes v. U.S., no?
mirimir 11y ago
Yes, of course ;) But seriously, let's say that I'm being blackmailed, and that it's about something that's either not illegal, or where statute of limitations has run out. Can't I just talk to my lawyer, and work out a payment system that doesn't flag me for money laundering?
- anigbrowl 11y ago
  Absolutely. I don't understand why Hastert didn't just have his lawyer set up a trust of some sort. There are so many ways to do this without attracting attention that it's not funny.
  - mirimir 11y ago
    Right. For example, late Senator Strom Thurmond discreetly supported his illegitimate daughter Essie Mae.[0] Her mother was only 16 years old when impregnated. I am not even implying that blackmail was involved, by the way. [0] http://www.cbsnews.com/news/essie-mae-on-strom-thurmond/ http://www.cbsnews.com/news/essie-mae-on-strom-thurmond/