“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:
18 Tips For Success From Richard Branson
Swiss central bank opens Singapore branch [2013]
Last flight for US-funded air war on drugs as Colombia counts health cost
Geneva unveils wireless electric bus technology
Texas Women Subjected to Roadside Cavity Search Speak Out After Troopers Indicted
Bloomberg’s Public Housing Fingerprinting Idea Stuns, Infuriates Residents
Foreign embassies in London hard hit as HSBC closes their bank accounts
Anthony Gregory: Newtown and the Bipartisan Police State
Local TSA workers headed to East Coast
Debate intensifies over ‘draconian’ cyber crime laws after Aaron Swartz’s death
GMO Apples And Potatoes Approved By FDA; Labeling Not Required
8-child family defies China’s one-child policy
Who Stands Where in the Debate Over Taking Action Against Syria
NHS pulls the plug on its £11bn IT system [2011]
In U.S., Perceived Need for Third Party Reaches New High