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Daniel_Newby
on Sept 6, 2012
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Good riddance, PayPal
I doubt it. Money launderers never do chargebacks and never make complaints. They are _the_ ideal banking customer, which is why the tax man hates on them.
dennisgorelik
on Sept 7, 2012
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Money launderers launder money from stolen credit cards.
Chargebacks are filed a month or two later by owners of these stolen credit cards.
Daniel_Newby
on Sept 7, 2012
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You are describing fraud. Money laundering is the redirection of the proceeds of illegal business to make it look like legitimate income.
dennisgorelik
on Sept 7, 2012
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Fraud IS illegal business. Purchasing goods using stolen credit cards is part of a process of making it look like legitimate income.
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