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Yep hacking an account and giving your real mailing address and card information complete with a paper trail is definitely how you launder.
by mygo 9y ago
Yep hacking an account and giving your real mailing address and card information complete with a paper trail is definitely how you launder.
- ballenf 9y agoNot to mention it's somewhat de-laundering: you start with money in a bank or credit on a card and end up with hard to spend cash. Hard to spend as in, you can't really pay your mortgage or buy a car with $2 bills.
- vuln 9y agoWhy not? My auto and hoke loan is through my credit union. I can walk in any branch and make a cash payment on any of my loans. I don't even have to verify I own the accounts.
- pjc50 9y agoYou will attract AML attention if this goes over the $10k threshold for any one transaction (or near it in some cases).
- aidenn0 9y agoWho has a mortgage or car payment that is in excess of $10k per month?
- IncRnd 9y agoPeople with a need to launder money?
- HeyLaughingBoy 9y agoSan Franciscans :-)
- nerfhammer 9y ago(tangent) An old friend of mine claimed that he could get very low-ball offers accepted for used cars by showing up with his entire bid in hundred dollar bills in cash, he said that people were so mesmerized by the sight of literal stacks of currency that they would accept lower offers than they would for other "cash" offers that were otherwise some form of bank transfer.
- dzdt 9y agoAlternate explanation: payment in bills facilitates the salesman cheating his boss. The salesman writes up two bills of sale: one to you for the cash amount received, one to the dealership for the minimum price he can get away with. The difference goes in his pocket.
- mygo 9y agoHmmmm. This is useful.
- rhizome 9y agoAnybody who bought a house for more than (napkin) $1.5MM? Lots of those out there.
- foobarian 9y agoAnybody who borrowed that much to buy a house, anyway.