[HN Gopher] New Anti Anti-Money Laundering Services for Crooks ___________________________________________________________________ New Anti Anti-Money Laundering Services for Crooks Author : parsecs Score : 35 points Date : 2021-08-13 17:31 UTC (5 hours ago) (HTM) web link (krebsonsecurity.com) (TXT) w3m dump (krebsonsecurity.com) | ncmncm wrote: | As I understand it, the international "gold standard" for money | laundering is still real estate. The reporting requirements the | US pushed onto international banking specifically except real | property transactions. Thus, property is the place embezzled | money is parked. | | Vancouver, BC seems to be the favored place to park Chinese | money. Of course New York remains popular. American "midwest" | farmland is another big sink. | | I would welcome any updates to this situation; my information | might be old. | qzw wrote: | Potential twist: it's operated by the FBI/Secret Service/IRS/NSA. | Would be a great way to compile a list of "addresses of | interest." | Scoundreller wrote: | So, how does it work? Can I submit any address for checking? If | so, I know some addresses I don't like. | | Or do they require you to sign a message with your wallet? If | so, you've gotta be really dumb to show your hand like that. | But I could still see users trying for funzies. | | How much does it cost to check? (If anything?) | pphysch wrote: | There is definitely noise and false positives as with any | honeypot, but there is probably enough signal among the noise | to correlate with other datasets and contribute to crime | detection models. | Wingman4l7 wrote: | Not far-fetched at all. The FBI has set up at least one carder | forum to catch entire networks of credit card thieves, and in | the past they set up a whole fake bank to entice money | laundering operations from drug cartels: | https://www.npr.org/sections/money/2019/02/13/694549634/epis... | CrazyStat wrote: | Also the recent ANOM sting [1]. | | [1] https://en.wikipedia.org/wiki/ANOM ___________________________________________________________________ (page generated 2021-08-13 23:00 UTC)