And if you do feel the need to go to extremes, save it for when you are going for broke on a disposable account that you are probably going to CT over to PC/NextGen platforms - Whilst i was experimenting with limits a few days back before the 1.21 & 1.22 patches came along, i lost my ludicrous ill-gotten funds today on the PS3 account, but not the RP nor any kind of ban or badsport restriction enforced - but the CT'd version that got put on the XBOX One account, is untouched - i.e. ludicrous money and Rank (but did lose the Pegasus stuff and weapons - not that that's an issue).
I'm putting that down to extreme good luck that the CT didn't kill the best bits of the ludicrious character stats etc, but it shows that it's not always the obvious or predictable that happens (i expected to lose the lot, just tried the transfer as an experiment).
But the basic golden rule is sound - if you do silly arse levels of boosting etc, gain extreme advantage and exploit it to terrorise and make other people's gaming experience hell, that's a literal forty thousand foot Vinewood sign in heart of the sun grade neon that 'screams' out to moderators, stealth observers (yes they do exist in GTA:Online) and long-termers and newbies alike whose PV's and nerves are bearing too many spur marks caused by 'cowboys' who think modded-game=license to grief and destroy the game.