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Re:Ask HN: Why hasn't the ACH system been more abused? by permo-w on Monday August 29, 2022 @06:12PM (#32644223)
it is illegal and easily detectable
Re:Ask HN: Why hasn't the ACH system been more abused? by rosnd on Monday August 29, 2022 @06:30PM (#32644401)
How do you explain the widespread availability of "drop" accounts in the US? Cybercrime forums are full of people offering services to "cash out" illicit bank transfers into cryptocurrency.
Re:Ask HN: Why hasn't the ACH system been more abused? by SilasX on Monday August 29, 2022 @06:27PM (#32644373)
I got that part. Still doesn’t justify a comment that starts with a paragraph implying that illegal things can’t happen because deterrent. That doesn’t help.
Re:Ask HN: Why hasn't the ACH system been more abused? by cortesoft on Monday August 29, 2022 @07:59PM (#32645071)
They never implied that it couldn't happen, they implied it didn't happen that often because it is illegal.
Re:Ask HN: Why hasn't the ACH system been more abused? by SilasX on Tuesday August 30, 2022 @10:35AM (#32651002)
Which is a bad explanation. Lots of illegal things happen often anyway. Implying that being illegal automatically contains it is a bad explanation and a bad premise to start from. The question is, why is this illegal thing not more violated? Just like I said in the past two replies.
Re:Ask HN: Why hasn't the ACH system been more abused? by 0x457 on Monday August 29, 2022 @08:01PM (#32645092)
It being illegal makes parties involved forced to cooperate. If someone hacks your Twitter and tweets something - the FBI isn't going to investigate who did that. If someone commits a wire fraud with your account - FBI will investigate.
Re:Ask HN: Why hasn't the ACH system been more abused? by permo-w on Monday August 29, 2022 @06:34PM (#32644429)
no one said they can’t, just this is largely why they don’t. are you going to rob a supermarket where you have to hand in ID at the door? or will you find somewhere easier?
Re:Ask HN: Why hasn't the ACH system been more abused? by rosnd on Monday August 29, 2022 @06:37PM (#32644452)
https://www.nbcnews.com/news/world/margaritas-story-how-one-...

https://www.ice.gov/news/releases/russian-man-pleads-guilty-...

They do this, at giant scale. When you're earning tens of thousands of dollars per account, it's worth it to train people to go open bank accounts using fake passports.

Re:Ask HN: Why hasn't the ACH system been more abused? by SilasX on Tuesday August 30, 2022 @10:41AM (#32651066)
That my point: “it’s easy to catch and enforce” would be the relevant fact to lead with, not “duh it’s illegal silly!” The latter is true for a lot of things that aren’t enforced, and is really condescending to start with.