“A CBC/Radio-Canada investigation has uncovered methods organized crime may be using to launder money through privately owned automated tellers, or ATMs. There are almost 38,000 of the ATMs, also known as ‘white label’ cash machines because they are not bank-owned, scattered across the country — nearly double the number of bank-owned ATMs. It is a growing, lucrative industry. Placed in hotel lobbies, bars and food courts, they provide quick access to cash, albeit with an annoying surcharge. But experts believe some machines may have a more nefarious role.”
http://www.cbc.ca/news/canada/private-atms-vulnerable-to-money-laundering-1.2288659
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Greek teen’s death after argument with bus ticket inspector sparks anti-austerity protests
Ten years after war, Iraq emerges as a major arms buyer
EMU plot curdles as creditors seize Cyprus gold reserves
Walmart Rejects Apple Pay For Rival Payments Service
High-yield debt fund blocks investors from withdrawing funds
World's first 'invisible' skyscraper planned for South Korea
Judge orders trial in allegedly missing Oklahoma City bombing video case
Joint Chiefs: Army reviewing rules of engagement over cyber threat
Rare trees turned into firewood as Syrian civilians struggle for warmth
Indonesia Upholds Death Sentence For British Grandmother's Drug Smuggling
Austrian bank employee drops 90,000 euros into river
D.C. awash in contracts, lobbying wealth
Mint: U.S. bullion coin demand still at 'unprecedented' levels
German prosecutors rummage through nursing homes in search of ex-Nazis
Police fire rubber bullets at Madrid protest