Network of dummy online stores used to hide internet gambling payments

Comment #5

cbr$ — Tue, 27 Jun 2017 20:03:46 GMT

This article may have save someone a few dollars in on line gambling sites. I can understand credit

card companies wanting to know what they're processing transaction for. I don't think this extra

scrutiny should be used on debit cards not even vista. It is your money. The laundering money scare

tactic statement is back again to make people see the U.S. point of view. The last time the U.S. used

this statement about 15 years ago. They took the $500 $1,000 bills off the market... [ More ]

Comment #4

Groppo — Tue, 27 Jun 2017 17:49:04 GMT

.

Illicit financing is incredibly creative is what I took out of the article.

To that, I say, yes, and I can only imagine what else goes on. But, this is enough to not really bother me

for a few reasons:

I don't online gamble. I am strictly a cash gambler (no I don't go around with thousands or hundreds in my pocket. As of late, I find myself having to make more trips to the atm, for tiny amounts). I don't have a smart phone, which keeps such gambling habits further at bay.

I'm... [ More ]

Comment #3

NY216 — Tue, 27 Jun 2017 16:24:21 GMT

Well this would be less of an issue if people were allowed to use their own money to gamble. I can understand banks perhaps not wanting their credit cards used since you are using borrowed money. However if I use my debit card, I should be able to use it to fund a gambling account when it is technically my money

Comment #2

PrisonerSix — Mon, 26 Jun 2017 15:18:36 GMT

My credit card got hit by one of these a few years ago. It appeared to be a furniture store in London. When I dug further, I found several other sites that looked identical to the first one selling tools, cakes, video games, you name it. The 2 things they had in common were the same credit card processor in Germany and the same mail drop in London. It wasn't the same company in the article, but they were doing the same thing.

I told my credit card company this and they said they'd look int... [ More ]

Comment #1

music* — Mon, 26 Jun 2017 11:51:32 GMT

Should online gambling be legal here in the U.S.? With no restrictions.

Network of dummy online stores used to hide internet gambling payments

Lottery Post — Mon, 26 Jun 2017 10:55:52 GMT

A network of dummy online stores offering household goods has been used as a front for internet gambling payments, according to a recent investigation.

The seven sites, operated out of Europe, purport to sell items including fabric, DVD cases, maps, gift wrap, mechanical tape, pin badges and flags. In fact, they are fake outlets, part of a multinational system to disguise payments for the $40 billion global online gambling industry, which is illegal in many countries and some U.S. states.