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Metadata about who talks to who when, along with when cash is withdrawn, can likely pinpoint drug dealers. It likely isn't even that hard - a dumb algorithm of
by ThrustVectoring 8y ago
Metadata about who talks to who when, along with when cash is withdrawn, can likely pinpoint drug dealers. It likely isn't even that hard - a dumb algorithm of something like "rank people by how often their friends withdraw more than $100 of cash within a day of talking to them, divided by how often their friends withdraw more than $100 of cash" would hit a good number of them.
- raincom 8y agoRight now, they are catching medium level drug dealers, prostitution rings, massage parlors, etc using SAR reports filed by banks. Basically, when someone deposits $4000 cash every month for a couple of years; expect him to get busted. Once the guy gets busted, he must be thinking about how he got caught. It is banks' active spying: under regulation, banks have become active spies. It is a new way of spying: force private entities to comply for suspicious activity, with a huge discretion given to regulatory bodies on the scope of what the word 'suspicious' entails.