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Bad title, this is Office Space levels of misunderstanding. The claim of money laundering is by some author that has no idea what he's talking about. All it rea
by MichaelGG 8y ago
Bad title, this is Office Space levels of misunderstanding. The claim of money laundering is by some author that has no idea what he's talking about. All it really is: scammers use Amazon to cash out stolen credit cards. That's not money laundering, it's just fraud.
The money isn't even clean if they're using the wrong SSN.
- caf 8y agoYou're absolutely right, the described scam is not money laundering. I think you could, however, use a very similar method to actually launder money. The SSN/account would need to be accurate; the taxes would need to be paid; and the contents/price would need to be a plausible if low-quality example of the typical self-published book. You'd pay people dirty cash to buy copies of the book, and/or use single-use debit cards bought with dirty cash.
- ssimontis 8y agoIf I we're to use my ill-gotten gains to buy cryptocurrencies, I could, at a small loss, buy Amazing gift cards from independent sites which accept crypto. At that point, aim straight up money launderin