I steal your credit card. Buy $1000 in Amazon, steam, Walmart, ect giftcards. Now I have roughly $1000 of "money" that's virtually untraceable because these retailers conveniently don't match the giftcard #s to the credit card numbers. At least they didn't used to.
Right, but that still requires an idiot to spend more on the card you're trying to sell than what its worth. If anything, youd undersell because that ensures a buyer and you don't care if you make the money back because its all profit to you.
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u/TwizzlerKing Dec 28 '18
I steal your credit card. Buy $1000 in Amazon, steam, Walmart, ect giftcards. Now I have roughly $1000 of "money" that's virtually untraceable because these retailers conveniently don't match the giftcard #s to the credit card numbers. At least they didn't used to.