Re: Spain – busted - Crypto ATMs used to launder narco money on a large scale
Thats introduces another debate: Is Russia considered Europe ? (total/partial)
Google tells me they are in Europe, the books say the same.....my heart tells me they are no far away enough
, but that's another story.~
If one is already profiting a huge sum of amount from an unknown patron/benefactor, it does not matter what that entity does or where the funds come from as long as the operator is making moolah. I don't think the operator knows of the shady activity, but rather choose to not know about it.
I was talking mostly from the criminal side of view because paying maybe 10-15% in fee is like the mob paying protection money.
Still betting that the whole ATM business was actually run by the same guys that were laundering money.
Just as the mafia is running casinos.
It makes no sense otherwise.
@DdmrDdmr do you have some info or pics of those ATMs ? I've only managed to get this one and can't make anything out of it probably it's not even from the event...
I'm curious about the model if it's one with active cameras or just surveillance one.
Na, watch some movies. Depending on how much your looking to Wash - these guys will pay upwards of 20-30%.
You have to figure that 100% of the money is Dirty and is basically worthless unless washed.
Getting in at 7% sounds like a killer deal for these Narco guys. No-wonder they were putting in millions
You have to figure that 100% of the money is Dirty and is basically worthless unless washed.
Getting in at 7% sounds like a killer deal for these Narco guys. No-wonder they were putting in millions
This is exactly what I'm not going to do!
Forget movies, those are not free money, they might be dirty money but they still have costs behind them, you have to pay people for the laundering, you have to take the profit after all the guys in the chain and the merchandise (whatever that might be) has been paid for.
So it's not 10-20% out of 100 euros, and you end up with 80-90
It's more like 10-20% out of 100 euros from which you also have to pay 30-40, so it's coming down to 40-60.