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> if you withdraw $8k to pay for a motorcycle and hand it to a guy that sells you the motorcycle and then deposits it straight into his own bank account then ye
by hbn 3y ago
> if you withdraw $8k to pay for a motorcycle and hand it to a guy that sells you the motorcycle and then deposits it straight into his own bank account then yes, this is quite obviously tracked.
Not really? As far as they know I could have spent that $8000 on a used car from another guy who then used that same money to buy a motorcycle. It's untracked for all the time it's not in the bank's hands.
- red-iron-pine 3y agoYour statement is true as long as it stays out of the bank. A motorcycle is a bad example, too, because there are licensing and registration requirements.
- 3pt14159 3y agoLike I said, this is a spectrum. It obviously could have gone through an intermediary, but it usually doesn't for honest transactions. If one of the two people is already a person of interest to law enforcement, a warrant can be called up to figure out exactly what happened. Added to other sources of information, like the new registry of the car or motorcycle, a pretty reliable history can be constructed. Don't think in binary. Think in continuums of likelihood. Also, this isn't a new concept. It was covered by HBO's The Wire many years ago.