4 ms·
Well, anyone picking this up for anything other than intellectual curiosity is probably not a good actor. I imagine that if you were serious about something li
by olefoo 11y ago
Well, anyone picking this up for anything other than intellectual curiosity is probably not a good actor.
I imagine that if you were serious about something like this you'd probably recruit a number of intermediaries to receive payments and acquire goods for you since shipments of high-thread count sheets are less likely to draw adverse scrutiny than significant flows of negotiable currency. If you want the real drug lord version of this read up about the Peso Exchange [0] which is a form of repatriating money from illegal proceeds that will never go away.
And rather than thinking of it as a strictly money laundering tool, think of it as enabling the "unsurveilled marketplace", not just drugs but the trade in items that are restricted in some jurisdictions, or for which specific efforts are being made to delegitimize preparatory to banning ( think tractor repair diagnostics without the snitch chip, or radar/lidar detectors, or any of a number of tools that could be banned as circumvention devices ).
The thing is that we all know that Anti-Money-Laundering efforts are inherently corrupt [1] and that only the little people ever go to jail for it.
0. http://www.fincen.gov/news_room/rp/advisory/html/advis12.html http://www.fincen.gov/news_room/rp/advisory/html/advis12.htm...
1. http://www.bloomberg.com/news/articles/2013-07-02/hsbc-judge-approves-1-9b-drug-money-laundering-accord http://www.bloomberg.com/news/articles/2013-07-02/hsbc-judge...