Damned if I know HOW they’ll actually do that ???
:whoa:
These transactions don’t (or didn’t) have any sort of industry indicator on them to identify a particular group. So there is no black/white indicator …
And to insert one all the way through the systems would take time … a lot of time … years.
(warning conspiracy theory starting … )
Of course if you were serious about it (as a bank or the feds) … and it just had to be donevia any method …
Then you could hire a handful of gambling industry experts, a basic reporting programmer and quickly start identifying the payments by monitoring the accounts of “known” affiliates …
And then using the basic descriptions on the transactions as a filter … searching for others and backtracking.
The issue with this is that :
(1) It seems very much like prying into private citizens affairs
(2) It would hit a lot of false positives ..
(3) It’s almost cowboy like – and very much out of character for the financial services industry …
I know that the US has launched lots of new laws (RICO and Patriot?) but this approach seems draconian in the extreme … would they dare ?!!!
:lookaroun
Keep us informed guys …
:whoa: