5 ms·

My point is the issue is not as black and white as you are making it out to be (hence, don't be an alarmist). All things are subject to interpretation and your

My point is the issue is not as black and white as you are making it out to be (hence, don't be an alarmist). All things are subject to interpretation and your position attempts to definitively categorize this activity as fraudulent behavior based on a 1000 word essay by a developer.

akanet 8y ago
Cascade billing was literally named by the Backpage prosecution as money laundering.
- nwsm 8y ago
  What if they just default to the last method? Is it then no longer 'cascade billing'? Or are you saying the psuedo-crypto currency is money laundering?
moneylaundering 8y ago
I work on money laundering cases. What the poster admitted to doing, particularly in the comments section, reads like money laundering. I have used emails more vague than this write-up against defendants in money laundering cases. The underlying crime would be bank fraud, wire fraud, or mail fraud, or all three, depending on how a particular merchant account was opened, how transactions were processed, and who the parties to a contract are (if a financial institution, then bank fraud, and so on).
- caruana 8y ago
  You created your account 3 hours ago, with a creative name and then annonymously post you work on money laundering cases ... As if that is supposed to add credit or show some sort of background. You are anonymous, don't try and take some high ground to reinforce an invalid argument.
  - FlipperBucket 8y ago
    > reinforce an invalid argument. It's not about some logical argument. That's for a judge to decide.
  - moneylaundering 8y ago
    Fair criticism regarding anonymity. You can disregard my comments if that is an issue, but I would prefer to engage on this topic on equal footing and put aside any claimed background, if that works for you. Can you explain what it is that you think is invalid regarding money laundering with fraud as the underlying crime? Or, if another point I made was invalid, what that was?
  - dang 8y ago
    It's more complex than that. Sometimes people create throwaway accounts so they can share more information than they'd otherwise be able to, and really are experts or insiders on a topic. It's not always easy to tell such cases apart from fabricators or trolls, but it's important to try, and to give people the benefit of the doubt. I generally go by how substantive the comments are or seem (admittedly not an infallible test).

akanet 8y ago

Cascade billing was literally named by the Backpage prosecution as money laundering.

nwsm 8y ago
What if they just default to the last method? Is it then no longer 'cascade billing'? Or are you saying the psuedo-crypto currency is money laundering?

moneylaundering 8y ago

I work on money laundering cases. What the poster admitted to doing, particularly in the comments section, reads like money laundering. I have used emails more vague than this write-up against defendants in money laundering cases. The underlying crime would be bank fraud, wire fraud, or mail fraud, or all three, depending on how a particular merchant account was opened, how transactions were processed, and who the parties to a contract are (if a financial institution, then bank fraud, and so on).

caruana 8y ago
You created your account 3 hours ago, with a creative name and then annonymously post you work on money laundering cases ... As if that is supposed to add credit or show some sort of background. You are anonymous, don't try and take some high ground to reinforce an invalid argument.
- FlipperBucket 8y ago
  > reinforce an invalid argument. It's not about some logical argument. That's for a judge to decide.
- moneylaundering 8y ago
  Fair criticism regarding anonymity. You can disregard my comments if that is an issue, but I would prefer to engage on this topic on equal footing and put aside any claimed background, if that works for you. Can you explain what it is that you think is invalid regarding money laundering with fraud as the underlying crime? Or, if another point I made was invalid, what that was?
- dang 8y ago
  It's more complex than that. Sometimes people create throwaway accounts so they can share more information than they'd otherwise be able to, and really are experts or insiders on a topic. It's not always easy to tell such cases apart from fabricators or trolls, but it's important to try, and to give people the benefit of the doubt. I generally go by how substantive the comments are or seem (admittedly not an infallible test).