Sending money, Western Union, for an acquaintance - is this safe?
A friend of mine asked if I could send some money to their family for them (in another country), via Western Union, using my name and address. They would give me the cash, and I would simply send the money.
Obviously, I am very hesitant. Is there any possible way that this act of kindness could come back to bite the kind person who sends the money? Or does this sound perfectly safe to do?
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Obviously, I am very hesitant. Is there any possible way that this act of kindness could come back to bite the kind person who sends the money? Or does this sound perfectly safe to do?
There is some amount of risk. If you know the person very well ... i.e. vouch for his/her integrity and there is a legitimate reason why they can't send it with their name, then yes.
The red flags are;
Your friend can be suspect and being monitored for unlawful activities. Helping him may get you in cross with law enforcement.
The money can be gained illegally and this route hides the trace of funds for your friend.
Depending on the amounts involved [and tax residency] , there could be gift tax issues for you.
Your friends family may be in suspect list and if the transfer does not go through, then you will in cross with law enforcement, transferring / attempting to transfer to people who are in sanctioned list for unlawful activities.
So if someone is a casual acquaintance it is not a good idea. You may want to consider this only if you know the person extremely well and there is some genuine reason why he is asking you to do something like this.
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