Re:Growing a company that sells miniature construction suppl...
by LeifCarrotson on Wednesday February 21, 2018 @10:44AM
(#16430230)
That looks like nothing but thinly-disguised money laundering. Hack an Amazon account, buy some cash, repeat. Why else would someone buy $20 for $32?
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Re:Growing a company that sells miniature construction suppl...
by mygo on Wednesday February 21, 2018 @11:01AM
(#16430370)
Yep hacking an account and giving your real mailing address and card information complete with a paper trail is definitely how you launder.
Re:Growing a company that sells miniature construction suppl...
by ballenf on Wednesday February 21, 2018 @11:05AM
(#16430413)
Not to mention it's somewhat de-laundering: you start with money in a bank or credit on a card and end up with hard to spend cash. Hard to spend as in, you can't really pay your mortgage or buy a car with $2 bills.
Re:Growing a company that sells miniature construction suppl...
by vuln on Wednesday February 21, 2018 @11:18AM
(#16430534)
Why not? My auto and hoke loan is through my credit union. I can walk in any branch and make a cash payment on any of my loans. I don't even have to verify I own the accounts.
Re:Growing a company that sells miniature construction suppl...
by pjc50 on Wednesday February 21, 2018 @11:25AM
(#16430589)
You will attract AML attention if this goes over the $10k threshold for any one transaction (or near it in some cases).
Re:Growing a company that sells miniature construction suppl...
by aidenn0 on Wednesday February 21, 2018 @12:10PM
(#16430974)
Who has a mortgage or car payment that is in excess of $10k per month?
Re:Growing a company that sells miniature construction suppl...
by nerfhammer on Wednesday February 21, 2018 @01:32PM
(#16431706)
(tangent) An old friend of mine claimed that he could get very low-ball offers accepted for used cars by showing up with his entire bid in hundred dollar bills in cash, he said that people were so mesmerized by the sight of literal stacks of currency that they would accept lower offers than they would for other "cash" offers that were otherwise some form of bank transfer.
Re:Growing a company that sells miniature construction suppl...
by dzdt on Thursday February 22, 2018 @01:54PM
(#16440242)
Alternate explanation: payment in bills facilitates the salesman cheating his boss. The salesman writes up two bills of sale: one to you for the cash amount received, one to the dealership for the minimum price he can get away with. The difference goes in his pocket.
Re:Growing a company that sells miniature construction suppl...
by mygo on Thursday February 22, 2018 @02:50PM
(#16440789)
Hmmmm.
This is useful.
Re:Growing a company that sells miniature construction suppl...
by HeyLaughingBoy on Wednesday February 21, 2018 @12:38PM
(#16431242)
San Franciscans :-)
Re:Growing a company that sells miniature construction suppl...
by rhizome on Wednesday February 21, 2018 @04:43PM
(#16433243)
Anybody who bought a house for more than (napkin) $1.5MM? Lots of those out there.
Re:Growing a company that sells miniature construction suppl...
by foobarian on Wednesday February 21, 2018 @09:49PM
(#16434803)
Anybody who borrowed that much to buy a house, anyway.
Re:Growing a company that sells miniature construction suppl...
by IncRnd on Wednesday February 21, 2018 @12:37PM
(#16431238)
People with a need to launder money?
Re:Growing a company that sells miniature construction suppl...
by Cerium on Wednesday February 21, 2018 @10:53AM
(#16430306)
There is a very real novelty factor of an uncut sheet. I have one and didn't mind paying the premium. Also, I'm pretty sure the U.S. Government doesn't need help laundering money. They sell them at a premium direct
Re:Growing a company that sells miniature construction suppl...
by baud147258 on Wednesday February 21, 2018 @11:30AM
(#16430628)
I would say it's the other way around: you sell some ill-gotten cash, which is then sitting on a legal account.
Re:Growing a company that sells miniature construction suppl...
by RandallBrown on Wednesday February 21, 2018 @12:56PM
(#16431419)
Hacking an amazon count and buying cash isn't money laundering. You could just buy stuff on amazon and skip the cash middleman.
Re:Growing a company that sells miniature construction suppl...
by Cthulhu_ on Wednesday February 21, 2018 @10:50AM
(#16430283)
Because $2 dollar bills are rare to find and get in bulk; iirc if you buy rolls of change at a bank (for change, e.g. if you need it for your shop) you also pay a bit more than the face value of the currency.
Re:Growing a company that sells miniature construction suppl...
by mod on Wednesday February 21, 2018 @02:32PM
(#16432226)
I "buy" rolls of change at the bank constantly. I also turn in unrolled change, which they count for me. (I own machines that take quarters)
I've never paid a penny extra for the rolls, and my bank does the coin-counting for free as well.
I have never in my life heard of paying extra for rolled coins. In fact, there's a whole subreddit devoted to people who buy rolls of coins and then hunt through them looking for old (silver) coins. They turn the coins back in later, at a different bank/location. This would likely not be a viable hobby if there was any upcharge.
Re:Growing a company that sells miniature construction suppl...
by wink on Wednesday February 21, 2018 @05:30PM
(#16433575)
In my local bank (Germany) I get up to 2 rolls of any denomination for free, per day. I can also cash in loose coins (to my account) at an automatic counting machine (but not many branches have them).
For people who don't have an account at this bank, iirc there's some kind of fee for getting rolled coins, might be in the ballpark of 50ct per roll or something.
Re:Growing a company that sells miniature construction suppl...
by AuthorizedCust on Wednesday February 21, 2018 @10:56AM
(#16430329)
Neither are true. I get fresh straps of $2 bills all the time. They are still printed.
Re:Growing a company that sells miniature construction suppl...
by deadmetheny on Wednesday February 21, 2018 @12:59PM
(#16431440)
This is absolutely untrue, I get cash of all denominations for my business at the bank all the time, including $2 bills. They usually have to pop into the vault to get some since there's not a lot of call for them, but they're by no means impossible or cost extra to get.