MONEY MORAL DILEMMA. Should Artie accept cash from his dodgy cousin Tony?

marich

As Taffybiker says , if your business is going down the pan £500 isn't going to do it much good .
So treat this as the introduction to your good cousin's ways - "You get your first fix for free...".
Answer : Ditch the restaurant - find a business that pays. Stay away from generous but dodgy cousins .
Old Mediterranean saying:- It's not my birthday , it's not a holiday - my Uncle kisses me - how can this be ?

Trialia

Hell yes I'd take it. Unlike some of the people here I'm not willing to lie about it to look good in the eyes of other posters (yes, you know who you are). If Artie didn't have an exact idea of where it came from, I'd say there would be no real reason not to take it, but pay it back when he gets back on his feet.

BlueAngelCV

I'd take it if I believed that there were no strings attached.
It's only £500.00, if we were talking more money that could potentially be seen as an investment in the business then no but £500.00 is just a generous offer.

kevgy

£500 is only going to temporarily delay the inevitable. Then Arty will need another £500 next week, and the week after and .. Tony will own the business. The strings will become apparent after the gift has been accepted. At best it may be lifetime free dining for Tony and his unsavory buddies. Sort out the root problem of why the resaurant is failing.

alanfifi

yes he should take the money never look i gift horse in the mouth and all that

grimbles

It seems to me that the big question here is regarding how the money was accumulated in the first place.

In respect of the Proceeds of Crime Act (POCA) it is irrelevant if he accepts it innocently as a gift. If the money came from crime then it doesn't matter who commits that crime as the trail follows the money and not the criminal. (I would assume that there has to be some level of knowledge of the money's dubious heritage, otherwise anywhere that a criminal shops would be subject of POCA seizures!)

Also, with regards to POCA, the question is what benefit he has gained from that, this could be seen as being far more than the £500 he has accepted and as somebody has pointed out he could lose his restaurant as a result.

Of course the situation he faces is if he is likely to lose the restaurant anyway is the risk worth it? Desperate times call for desperate measures.

butterwouldmelt

I'd ask for a grand and keep the extra 500 for another rainy day, save borrowing off them again also you only owe them one favour !

dzug1

He shouldn't take it - not because of any moral reasons but because I don't believe the 'no strings attached'. At some later stage there will be a request for a dodgy favour which could spell trouble

notxpat

Yes I would!

Do we ask the banks where they get their money from? No we don't!

Is £500 really all I need to keep the business going? Maybe I should see if I can get £5000 out of him, after all it is a far more realistic figure!

MadeInTheDark

I would take it, it wouldn't be my problem where it came from, I don't know what he's up to and its a gift that he has offered.

Money is money. I suppose none of the banks or the government have got any of their funds from 'ill gotten gains'? hmmmm...