"sf" > wrote in message
...
> On Thu, 16 May 2013 20:42:44 -0700, "Julie Bove"
> > wrote:
>
>> sf wrote:
>> > On Thu, 16 May 2013 14:56:32 -0700, "Julie Bove"
>> > > wrote:
>> >>
>> >>
>> >> One of my aunts had a store for a while. Didn't make her any money
>> >> but gave her something to do. She was wealthy so didn't need any
>> >> income that it might have generated.
>> >>
>> > She probably had a reason. In the city, you see lots of stores that
>> > aren't doing much business but manage to stay open way beyond the time
>> > normal people would have thrown in the towel. There are two reasons
>> > for that, either they're a way to launder money or some old goat is
>> > making work for his mistress and he's using it as a write off. Your
>> > aunt's store was probably a way she supported her hobby and she could
>> > travel under the guise of buying for the store. Everything she bought
>> > was for sale so it was legal and she could write off all her expenses,
>> > which included travel and rent.
>>
>> She said it gave her something to do. She made what she called "dinks".
>> This was just an assortment of artsy craftsy things. It was mostly her
>> stuff that she was trying to sell. She had a small back room in the shop
>> and she'd sit back there and make things. Sadly they were the sort of
>> things that people wanted to buy.
>>
>> I know that she wouldn't be doing money laundering.
>
> I didn't say she did/
>
>> She used to have a cabin and named it PTL.
>
> Did you know what PIL meant?

PTL. Yes. Praise the Lord! She didn't used to be the religous type but
she got that way at some point. To the extreme!
>
>> My uncle was in the oil business and did very well
>> at it. So she never had to work.
>>
> I will absolutely guarantee people in those circumstances don't throw
> money away and that her business sheltered their wealth in some way.
> I don't expect you to know how or why. I'm just saying that you
> should wake up and smell the coffee.

Could be. My dad did say that they would walk around with quite a lot of
money on their person so that they wouldn't have to declare it.