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There is an audio interview with one of these "cashiers" who explains it all (you have to fast forward a bit): http://smallworldpodcast.com/mp3/smallworld051906

There is an audio interview with one of these "cashiers" who explains it all (you have to fast forward a bit): http://smallworldpodcast.com/mp3/smallworld051906.mp3 http://smallworldpodcast.com/mp3/smallworld051906.mp3 It's fascinating. Basically, the cashiers are working on the honor system. They get to keep a percentage (this guy gets 40%), and they send the rest to the "boss" through e-gold. The percentage you get increases as you earn their trust. I guess that this keeps most people honest, as they want to get a higher percentage the next time.

tsetse-fly 18y ago
That interview is from May 2006.[1] We don't know if it's one of the cashiers and we don't know how this specific scheme played out. Yes, you can often hire a cashier. Typically, this guy has some plastic and an encoder, but he doesn't have a steady supply of data to encode the cards. He's working with you because you have data to cards with a high limit and you can verify that they're valid. Most of the time, he's not even on the street. He'll encode them in the car and have someone else run up to the ATMs. [1] http://web.archive.org/web/20061115154615/http://smallworldpodcast.com/?p=391 http://web.archive.org/web/20061115154615/http://smallworldp...
- sounddust 18y ago
  Yes, I wasn't trying to claim that it was one of the cashiers in this particular scheme; I said "one of these" rather than "one of the." However, given the content of the interview and how similarly the aspects of this particular scam match up with the cashier's description, it seems likely that this scam was pulled off in a similar manner.
sam_in_nyc 18y ago
It's a "casher"
- tsetse-fly 18y ago
  No, "cashier" is the proper term used by fraudsters. It refers to people who receive and disburse cash, like someone in a retail store. "casher" is a word made-up by an English major. Also, correcting people for minor mistakes on forums is very annoying.
  - sam_in_nyc 18y ago
    Normally I lay off with correcting minor mistakes, but in this case they are similar words, both having to do with money. The article calls them "cashers."

tsetse-fly 18y ago

That interview is from May 2006.[1] We don't know if it's one of the cashiers and we don't know how this specific scheme played out. Yes, you can often hire a cashier. Typically, this guy has some plastic and an encoder, but he doesn't have a steady supply of data to encode the cards. He's working with you because you have data to cards with a high limit and you can verify that they're valid. Most of the time, he's not even on the street. He'll encode them in the car and have someone else run up to the ATMs. [1] http://web.archive.org/web/20061115154615/http://smallworldpodcast.com/?p=391 http://web.archive.org/web/20061115154615/http://smallworldp...

sounddust 18y ago
Yes, I wasn't trying to claim that it was one of the cashiers in this particular scheme; I said "one of these" rather than "one of the." However, given the content of the interview and how similarly the aspects of this particular scam match up with the cashier's description, it seems likely that this scam was pulled off in a similar manner.

sam_in_nyc 18y ago

It's a "casher"

tsetse-fly 18y ago
No, "cashier" is the proper term used by fraudsters. It refers to people who receive and disburse cash, like someone in a retail store. "casher" is a word made-up by an English major. Also, correcting people for minor mistakes on forums is very annoying.
- sam_in_nyc 18y ago
  Normally I lay off with correcting minor mistakes, but in this case they are similar words, both having to do with money. The article calls them "cashers."