‘Fleeceware’ apps overcharge users for basic app functionality

Re:‘Fleeceware’ apps overcharge users for basic app function... by NavekM on Thursday September 26, 2019 @04:49PM (#21085390)

It's 30% for App Store I attended a money laundering course and that was about the going rate for large value sums.

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Re:‘Fleeceware’ apps overcharge users for basic app function... by sdinsn on Thursday September 26, 2019 @04:50PM (#21085402)

> I attended a money laundering course

Hmmm? Hopefully from an anti-laundering perspective, right?

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Re:‘Fleeceware’ apps overcharge users for basic app function... by Jyaif on Friday September 27, 2019 @03:16AM (#21089294)

After the 30% Apple takes, you still have to pay tax.

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Re:‘Fleeceware’ apps overcharge users for basic app function... by maximente on Thursday September 26, 2019 @04:57PM (#21085465)

you mean that launderers are typically taking 30% cut from dirty amount to launder the money?

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Re:‘Fleeceware’ apps overcharge users for basic app function... by matharmin on Thursday September 26, 2019 @05:05PM (#21085539)

Their "profit" would probably be much less than that - they have their own overheads for doing the actual laundering.

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Re:‘Fleeceware’ apps overcharge users for basic app function... by mruts on Thursday September 26, 2019 @06:09PM (#21086116)

I wouldn’t surprised if money laundering takes a 50% off your pre-laundered money. It’s a funny world when some people are paying to avoid taxes and some paying to pay taxes!

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Re:‘Fleeceware’ apps overcharge users for basic app function... by ukoki on Friday September 27, 2019 @06:30AM (#21090341)

I think deniability of criminal activity is the main goal, rather than tax evasion.

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Re:‘Fleeceware’ apps overcharge users for basic app function... by mruts on Friday September 27, 2019 @06:40AM (#21090398)

Laundering money makes you pay taxes, not evade them.

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