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Pull this post and talk to lawyers if you haven't already. Depending on where you're based you'll have legal obligations that'll define what you should be doin
by ig1 14y ago
Pull this post and talk to lawyers if you haven't already.
Depending on where you're based you'll have legal obligations that'll define what you should be doing at this point. This may well involve lawyers, your regulators and the police.
Some countries make it a criminal offence if you let a criminal know that you suspect them of money laundering or similar offences (this is known as "tipping off") so you should be very very careful about what you're disclosing both to your users and the general public.
- bmj1 14y agoJust wanted to +1 on this - this is a fairly severe offence in the UK
- whit537 14y agoThanks for weighing in. I'm based in the US. I am going to proceed along the path of openness for now.
- jspthrowaway 14y agoYou should heed this advice BECAUSE you are based in the U.S.
- cynicalkane 14y agoI'm based in the US You should still pull this post and talk to lawyers.
- whit537 14y agoYeah, sorry, I wasn't clear: I'm pursuing openness because I believe in openness, not because I'm based in the US. I am glad to learn about this potential legal ramification, however.
- jspthrowaway 14y agoNot only that, "we are complicit in the crime" is open and shut liability. That's probably the worst thing anybody could ever write, legally, on behalf of a company. The victim cardholders and institutions would surely love a statement like that from the defense...
- wtracy 14y agoThis. This is one of the reasons that PayPal will lock accounts without giving a reason why--it's potentially criminal for them to tell you why!
- shardling 14y agoCan you provide any specific examples where, acting in good faith, someone was never-the-less prosecuted under such laws?