<b>Credit Card Laundering</b>

Discussion in 'Credit Talk' started by <b>pbm</b>, Dec 19, 2000.

  1. <b>pbm</b>

    <b>pbm</b> Guest

    <HTML>"Beware of ads like this!

    BUSINESS OWNERS: My company needs MasterCard, Visa and Am Ex processing. $1,000 per week guaranteed commission. Call L.F. at 555-2230

    As a merchant, would you extend an unlimited, unsecured line of credit to another business that could not get credit from a bank?"

    Read the full story <a href="">here</a>.

  2. J. Edgar

    J. Edgar Well-Known Member

    RE: Credit Card Laundering

    Tell them to sign up for Paypal.
  3. netKat

    netKat Guest

    RE: Credit Card Laundering

    LOL! Good one.

    It's also a good way to get cash advances from a credit card without any of the associated higher rates and fees. Of course, you're not supposed to.


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