Today's Hard|Forum Post
Today's Hard|Forum Post

Tuesday November 05, 2013

How to Launder Billions and Billions of Digital Dollars

Holy cow, that's a lot of digital dollars! Who knew there was such a thing as "cloud-based search warrants." eek!

For example, a DOJ attorney signed up for an account with the name "Joe Bogus" with an address of "123 Main Street, Completely Made Up City, New York." Then, when sending LR credits between this entity and another DOJ account put things like "your share of the cashout," "for atm skimming," and "for the cocaine," into the memo field (where you'd put "Rent" on a check). Mr. Bogus did not have a difficult time completing transactions. Neither did users with names like "Russian Hackers" and "Hacker Account."