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JJ_BPK
05-23-2011, 05:34
This could revolutionize efforts to dispense monies to FET and Lioness Teams during remote indig efforts.

A hand full of debit cards is soooo much easer to hump than 10,000,000 in AFA or Rupee?? More room for essential items like make-up, MRE's, ice cream??


New, svelte cross-border tool for money launderers - prepaid plastic in your pocket, By Associated Press, Published: May 22

BOGOTA, Colombia — Forget bulk cash. Heavy and hard to hide, it’s simply not the most convenient cross-border conveyance for a 21st-century money launderer.

A safer and increasingly attractive alternative for today’s criminal is electronic cash loaded on what are called stored-value or prepaid cards. Getting them doesn’t require a bank account, and many types can be used anonymously.

continued:

http://www.washingtonpost.com/business/new-svelte-cross-border-tool-for-money-launderers---prepaid-plastic-in-your-pocket/2011/05/22/AFs96B9G_story.html?fb_ref=NetworkNews&fb_source=home_oneline




:munchin

cszakolczai
05-23-2011, 07:01
"Just load them up in Connecticut or Texas with, say, the proceeds of cocaine sales and collect the cash in local currency from an ATM in Medellin, Colombia or elsewhere in Latin America."

Well who needs the peso exchange anymore?