News for hackers. Stuff that matters.
Re:I won’t buy ebooks anymore by rspeele on Tuesday May 26, 2020 @02:18PM (#23314577)
I'm not a money laundering expert but I thought the point was to get a bunch of cash, from drug sales or whatever you don't want anybody asking questions about, turned into legitimate-looking income. Income from Patreon might look legit, but how would you funnel your cash into Patreon contributions without putting it in a bank account first (and setting off the very alarms you're trying to avoid)?
Re:I won’t buy ebooks anymore by strogonoff on Tuesday May 26, 2020 @10:43PM (#23318860)
Imagine I am in a shady business and want to collect $13000 a month clean on my bank account, without attracting IRS etc. attention. I can have people (or myself) load prepaid MasterCard plastic with dirty cash and subscribe them to my Patreon.

Not implying anyone is doing that, just that it looks possible.

Re:I won’t buy ebooks anymore by st1ck on Tuesday May 26, 2020 @10:18PM (#23318744)
You can distribute it across multiple subscribers. $1k/month cash deposits for 1000 people will raise less questions than $1M/month for one person. That said, whole operation looks rather expensive, there should be much cheaper and easier ways than fake Patreon accounts.
Re:I won’t buy ebooks anymore by metalock on Thursday May 28, 2020 @09:04AM (#23336748)
Organizing 1000 people and trusting them with $1000 per month is not as easy as it seems...