4 ms·
Doesn’t make sense. All the transactions are electronic and done with credit cards which means that money is already laundered for the most part. The idea of m
by CPLX 5y ago
Doesn’t make sense. All the transactions are electronic and done with credit cards which means that money is already laundered for the most part.
The idea of money laundering is to turn cash into legal income. There’s other kinds of money laundering too including cross-border type transactions like you might see with art or collectibles but it’s hard to see how this makes much sense via Turo.
If the buyer has the ability to use a credit card to spend the money without attracting attention why not just buy something they want instead?
- tsunamifury 5y agoSell illicit goods by renting a fake car on Turo. Easy peasey instant launder. All these others are thinking to hard. I see it on the airbnbs in the LA hills that are all fake with fake pictures etc. just there to rent to instantly launder a transaction from what I’m guessing.
- CPLX 5y agoOr just have them Venmo you and say "splitting bar tab awesome night out!" Once it's a digital transaction it's a digital transaction I am not seeing the benefits here of getting Turo involved and lots of fees and costs when literally any platform will do this more easily. Like call it a car detailing service and get a square reader and only pay a couple percent. Having used Turo in the past my theory is that there's just a bunch of people mildly delusional about what their car is worth, or maybe that found renting their car is usually not worth the hassle but will take an exorbitant rate for when the super bowl is in town or some other time every rental car option is totally sold out.