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You get money from the payment processor then cash out into gift cards. It's a lot harder to track a gift card vs it going to a bank account. You then churn the
by post_break 5y ago
You get money from the payment processor then cash out into gift cards. It's a lot harder to track a gift card vs it going to a bank account. You then churn the gift card into cash at a discount rate using a gift card reselling website.
- colinmhayes 5y agoCan you buy gift cards without depositing the money into an account you control? Once it's in the account just buy crypto or whatever. I thought the gift card scams happen because credit card companies refuse to pay out to companies that get accused of scamming.
- aspenmayer 5y agoThere are sites and apps that sell gift cards for crypto, and converting fiat to crypto is already pretty easy.
- Too 5y agoScammer never deposit the money into any account, they put the credit card nr straight into the payment-form to buy gift-card.