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@TheJusticeDept #Wayfair isn’t the only company with suspicious listings. Please set up a drop box where people can submit screenshots/URLs. Help us help the victims. #StopHumanTrafficking
The term is “transaction laundering.”
https://evercompliant.com/transaction-laundering-new-advanced-form-money-laundering/
https://evercompliant.com/transaction-laundering-new-advanced-form-money-laundering/
“Transaction Laundering is the New, Advanced form of Money Laundering
On: January 23, 2017”
On: January 23, 2017”
“Transaction laundering is the new sophisticated form of money laundering and terrorism financing”
Does any of this sound plausible?
“This advanced merchant-based fraud scheme takes advantage of legitimate payment ecosystems
by funneling unknown transactions through seemingly unrelated ecommerce merchant accounts.”
“This advanced merchant-based fraud scheme takes advantage of legitimate payment ecosystems
by funneling unknown transactions through seemingly unrelated ecommerce merchant accounts.”
In English: the traffickers set up an e-commerce website and then sell children while pretending to sell merchandise.
They sell other things too.
“Sleek legitimate websites act as payment processing storefronts for criminal enterprises selling firearms, illicit drugs, child pornography and other illegal goods.”
“Sleek legitimate websites act as payment processing storefronts for criminal enterprises selling firearms, illicit drugs, child pornography and other illegal goods.”
guns
drugs
CP
and more.
drugs
CP
and more.
“seemingly unrelated”
the front merchandise
is not the real merchandise
the front merchandise
is not the real merchandise
It’s kind of annoying to me
Instead of actually probing this issue, the media puts children in harms way by attempting to distort the concern and delegitimize it.
This can only mean that the media is in bed with gun, drug, CP, and human traffickers.
Nobody contacts the government to ask if this TYPE of crime makes sense.
Really sick and pathetic.
Let’s read more. What happens when companies unknowingly facilitate illicit transactions thru fake e-commerce websites hiding organized criminal networks?
“Merchant Service Providers (MSPs) unknowingly facilitate money laundering or end up processing payments stemming from, or intended for, financing illegal activities” https://evercompliant.com/transaction-laundering-new-advanced-form-money-laundering/
“thus exposing themselves to financial and legal liability, penalties from the credit card companies and severe reputational damage.”
In English: If Wayfair or Amazon or eBay or any other online storefront is hosting fake transactions (pay for a book get a shipment of XYZ or arrange for ABC terror attack) — what civil/criminal penalties could they face?
Well, Backpage and Craigslist...what were they doing?
Was it possible for them to pretend they didn’t know what kinds of transactions took place using those platforms?
Was it possible for them to pretend they didn’t know what kinds of transactions took place using those platforms?
How about the credit card companies? How about PayPal? ApplePay? Merchant store cards? What liability exists there if illicit merchandise is paid for, in any way, with these mechanisms?
How about warehouses? How about trucks? Illicit “merchandise” has to go somewhere.
It is absolutely mind boggling, the lack of curiosity by the mainstream media about the range of crimes that are accomplished using transaction laundering.
If you care about cruelty-free lipstick and slave-labor-free don’t you care about illicit-crime-free shopping platforms?
I mean it’s sort of like the same logic as Hollywood. If you know these flesh peddlers are raping children, you don’t want to watch their movies.
Or listen to the music paid for by Satanists.
Or listen to the music paid for by Satanists.
It’s funny, Ilhan Omar talked about fundamentally restructuring society to remove oppression...well isn’t it logical to remove organized crime networks as part of that project?
“Transaction Laundering: the basics” https://evercompliant.com/transaction-laundering-new-advanced-form-money-laundering/
“Transaction launderers essentially tap into the payment ecosystem by using a storefront merchant account to process transactions originating elsewhere.”
In English:
A sells a kidnapped child to B.
Then B buys a pillow from A for $16,000.
A sells a kidnapped child to B.
Then B buys a pillow from A for $16,000.
But it could be any crime or any illegal purchase.
“This way, the fraudulent merchants are able to funnel unauthorized transactions through legitimate payment networks while avoiding detection, not only by regulators but even by the payment processors themselves.”
This last point is important. If you have 30,000 sellers in your online marketplace, how do you know when something is wrong?
It would only be a complaint.
It would never be your investigation as to whether they’re selling pillows or guns.
It would only be a complaint.
It would never be your investigation as to whether they’re selling pillows or guns.
“Complaint” - eg the pillow wasn’t fluffy.
This is why a blanket denial by anyone just doesn’t make sense.
Wayfair, eBay, Amazon etc simply cannot know what they do not know, and legally they may prefer it that way.
Wayfair, eBay, Amazon etc simply cannot know what they do not know, and legally they may prefer it that way.
Let’s read this next part slowly and carefully. It is essential for the MSM to grasp that this crime is so well known that their refusal to acknowledge it is fully damning:
“Due to its ability to conceal the true origin of the transaction, transaction laundering is often used to process payments resulting from criminal activities.”
I D K but the terror financing experts at the DOD who were shut down by Obama from investigating Hezbollah can probably explain this.
Here is that story. https://www.politico.com/interactives/2017/obama-hezbollah-drug-trafficking-investigation/
Back to this: “Transaction laundering opens the door into legitimate payment systems for money launderers of all sorts: criminals, tax evaders, merchants involved in shady business practices and financing acts of terror.”
“Cherif Kouachi, one of the two terrorists who attacked the Charlie Hebdo office in Paris on January 7, 2015, had financed the attack with proceeds from counterfeit goods that he sold online.”
Oh but they would never dare use these marketplaces for actual human trafficking you say?
“This example shows how easily dangerous and violent criminals can set up websites through which they sell illegal goods or services (i.e. counterfeit clothes, weapons, drugs)”—
“and then process payments from these sites by routing them to legitimate, registered online stores selling innocent-looking goods.“
“Moreover, these proceeds can later be used to finance even more atrocious crimes, such as terrorism or SUPPORTING HUMAN TRAFFICKING RINGS.”
“To add another layer of complexity to this already sophisticated scheme, IN SOME CASES, TRANSACTION TAKES PLACE WITHOUT ANY ACTUAL EXCHANGE OF GOODS WHATSOEVER.“
“ In this case, the criminal is not selling anything (either legal or illegal), but is rather faking the ecommerce sale in order to launder money obtained elsewhere;
in other words, transaction laundering as the means for cross-border money transfers and layering activities.”
in other words, transaction laundering as the means for cross-border money transfers and layering activities.”
To make matters worse: “The evolution of ecommerce and mobile payments have essentially enabled money laundering on a never-seen before scale.”
“The ease of establishing an ecommerce merchant and setting up a payment environment for such a business, contributes to rapid proliferation of transaction laundering.”
Not only that, but these storefronts make it easy to sell a child who is currently located in one country and move them to a predator in another:
“Add to that the the borderless, global aspect of ecommerce, and the minimal KYC (know your customer) requirements for establishing online merchants, and you get the perfect platform for performing unauthorised financial activities.”
My personal opinion is that these e-commerce companies measure everything, and they have to know that the large sums and weird product names and pedo logos (in some cases) are red flags.
The media should be thanking and highlighting the alert citizens who noticed a problem and called attention to it.
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