Quote from: Pamadar on November 23, 2022, 08:42:38 AM

Smarter now, those who perform criminal act are also aware of changes around, even crypto casinos are making changes
in terms of securities, but criminals are adjusting to that change as well.

They understand the risk, so instead of withdrawing or depositing amount which can create suspicions
they will do it in a such way that there's nothing or like just a normal transaction to avoid gaining
attentions.

I wonder why some thief who steals a lot of bitcoins would want to risk depositing bitcoin in a casino to launder money when he can just use many mixer sites? it makes no sense, imagine that the scammers steal 20 BTC if he used a casino he would risk doing KYC and it would also take a long time for him to withdraw the bitcoin not to mention that it would no longer be 20 BTC because he would have to play in the casino and without a doubt who would lose a lot playing, so there is no advantage for thieves to use casinos to launder money, at least that is my opinion

Quote from: Mr. Magkaisa on November 25, 2022, 01:54:34 PM

Quote from: Japinat on October 26, 2022, 08:57:49 AM

Couldn't agree more, money laundering is just their way to get their money clean from all the illegal activities they did behind the curtains, mostly, there is a big organization that we couldn't even imagine behind these things and those kinds of people you've mentioned are all connected and part of the big organization, if not, they are just under their payroll especially these high ranking police officers and government officials.

- To all those who commented here in the thread section, you said that this is the exact reason why there is money laundering. this is accurate and correct for my understanding as well, only big syndicates or organizations can do such things in real life.

And the sad thing is that it cannot be denied that there are some government officials with high positions involved in this matter because of are corrupt politicians. This happens in different countries and as far as I know, there are others who have been caught in that kind of thing. The others avoid a large percentage of the tax because they engage in money laundering even though they know it is illegal, they still do it.

governments and politicians do not use casinos to launder money, they create companies to launder money, they create hotels and build tourist facilities to launder money, the big criminals in the drug underworld build luxury hotels to launder money money, they bribe governments to facilitate the documentation of the construction of companies and hotels and facilitate the whole money laundering process, if a criminal wants to launder money, maybe he will create a physical casino, but an online casino would be very limited for a large criminal laundering money

Quote from: Sandra_hakeem on November 25, 2022, 12:42:34 PM

We have alot of peeps that are basically into money laundering as you've said but, nobody really gives a f*** about where these guys get their money From; to some point, it's not even seen as something very important to follow up on serious investigations before they could let them place their bets....
AFAIK, they could just get an alliance with a certain casino, just to ensure thier safety during this illegal monetary services, So I'd say No. Casinos could sometimes be an avenue to launder 'em cash. I won't really attest that on every casino as some are really strict and would quickly go against any form of fraudulence.

Sandra 💇

the guys who launder money most of the time and money that comes from drugs, then there is the money that comes from corruption, in African or even Arab countries that steal a lot from their people, they take the money from corruption and build these hotels of luxury that we see in these countries and many companies are built, these companies are not profitable, the money from drugs and corruption is injected into these companies and it looks like the company and the hotel are making a profit, when this is not true