Money-Laundering Practices in the Online Scam Industry
Demand for money laundering is huge in a Cambodian gambling hub well-known for hosting massive scam operations. Criminals have converted blocks of hotel guest rooms into offices where workers help fraudsters “move bricks.”
Moving bricks is money laundering. The workers find ways to move money from one place to another, sometimes through direct transfers between accounts and sometimes by withdrawing cash and then depositing it in other bank accounts.
An eye-opening report by a doctoral anthropology student from National Tsinghua University includes interviews with the workers and outlines in detail how they do the money laundering.
Full article: Moving Bricks: Money-Laundering Practices in the Online Scam Industry