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  1. #1
    The Buzz's Avatar
    The Buzz is offline GPWA Gossip Hound
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    Default Actual money laundering to fund terrorism through Internet gambling sites

    Just what the U.S. politicians trying to clamp down further on Internet gambling needed: a terrorist who used Internet gambling sites to launder money.

    Don't know how Buzzy missed this, but the Washington Post reported earlier this month that three alleged terrorists used stolen credit card information and Internet gambling sites to launder money.

    Al-Daour also allegedly laundered money through online gambling sites, using accounts set up with stolen credit card numbers and victims' identities, and ran up thousand-dollar tabs at such sites as AbsolutePoker.com, BetFair.com, BetonBet.com, Canbet.com, Eurobet.com, NoblePoker.com and ParadisePoker.com. Al-Daour and other members of the group conducted 350 transactions at 43 different online wagering sites, using more than 130 compromised credit card accounts. Winnings were withdrawn and transferred to online bank accounts the men controlled.
    Here's a link to the complete article ... http://www.washingtonpost.com/wp-dyn...070501945.html
    Last edited by GPWA Ryan; 25 July 2007 at 12:42 pm.

  2. #2
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    The US concern leading to the UIGEA was that terrorists were setting up online casinos...

    This is completely different and really no different than requesting a cash advance. The problem is credit card companies make it too easy to use the credit (that way you use more, because of the convenience). If there was a security code or some such required identification, it wouldn't be a problem.

    While I was on vacation two weeks ago someone used my credit card for an unauthorized purchase. I have no clue how they got the number... but it is WAY too easy to make fraudulent purchases... congress should be investigating that problem.
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  3. #3
    big fish is offline Private Member
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    while they are different circumstances, it is till not a good event for the current momentum the industry has been gaining. lets hope it turns out to be false.
    - Big Fish - Gambling.org Founder -
    Gambling.org: Learn about legal online gambling in the USA with trusted reviews from gambling experts since 1996.

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    They could have done the same purchasing high end merchandise like plasma tv screens, motorcycles, jewelry etc.. and done the same thing. Cash them in and move on with their "plan".

    They are looking for "justification" of their actions. No matter what they will claim a victory. Having the media being directed to "online casinos helping fund terrosim" distracts from the cause of the problem. They could just as easily picked on the credit card companies for this action. The merchant in this case is the online casino. Hell, what about these guys doing the same thing in Las Vegas? They have to be doind it there too, if not exponentially more.

    I'm on a rant, and have no way to back these statements up.. it's just that I get a little worked up..

  5. #5
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    Quote Originally Posted by WagerX View Post
    They could have done the same purchasing high end merchandise like plasma tv screens, motorcycles, jewelry etc.. and done the same thing. Cash them in and move on with their "plan".

    They are looking for "justification" of their actions. No matter what they will claim a victory. Having the media being directed to "online casinos helping fund terrosim" distracts from the cause of the problem. They could just as easily picked on the credit card companies for this action. The merchant in this case is the online casino. Hell, what about these guys doing the same thing in Las Vegas? They have to be doind it there too, if not exponentially more.

    I'm on a rant, and have no way to back these statements up.. it's just that I get a little worked up..
    You are exactly correct though!

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    ck8795 is offline Private Member
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    I am surprised no one has even mentioned the blame that lays on the pokr rooms theselevs not just becasue it was for terrorisim but because someone was able to do this easily. Credit card purhchases or any purchase for that matter should have srict outlines as to withdraws if they have made the purchase. These can't possibly be the same accounts matching the creidt cards meaning that if it was me someone stole my credit card than used my poker accounts to do this.

    If it was accounts set up than they used a stolen credit card why did the rooms not request identification prior to release the funds?

    I know for myself with using my bank card at Spinpalace I did win money (but than lost it after) but I did go for a withdraw and had to provide proof of address along witha copy of my driver's license, before they even made any attempt at processing the transaction.

    All new accounts should go troough the same process which would also reduce the amount of underage gamblers. But they don't Titan allows you to withdraw in a heartbeat. So does Pokerstars who being the biggest poker room could have a phenomonal system set up to prevent this

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    Default Terrorists and online casinos

    Good day All,

    Many thanks for the interesting thread there Buzzy!

    It's just amazing what terrosrists(Alcaeda) would use as funding methods to bankroll their various terror operations abroad nowadays, from blood diamonds in Africa and now online casinos!

    The question one must ask, what money scheme would they use next? But then again where there's large amounts of money involved and easy money laundering it creates a breeding ground to further their diabolical plans/activities!

    Cheers
    Cass
    http://www.cassaon-casino.com

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    GPWA Aaron is offline Private Member
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    Default somewhat related post

    Slightly off topic, but also slightly related ...

    My wife and got "United 93" on Netflix about two weeks ago and it's been sitting in our living room for awhile. It was one of those films that we felt like we should see, but never really had the stomach to actually sit down and watch, because we knew it was going to be tough.

    In case you haven't heard of the film, it's a recreation of United flight 93, the flight that crashed in Pennsylvania on Sept. 11 after the passengers attempted to take control of the plane when they learned the highjackers were on a suicide mission.

    We finally watched it last night, and it was even more powerful than I expected it to be. I honestly was trembling at the end of it, and am glad I was with my wife so we could give each other a hug at the end of it.

    If you haven't seen it already, I encourage you to watch it, but have a loved one alongside. It will bring back a lot of the same feelings you had on that on that day almost six years ago.

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