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Chipdumping /Shuffling
A term used to describe the deliberate loss of funds to another player for the purpose of money laundering, paying out illicitly gained funds (via team play) or committing fraud.
This is the biggest Wrongs within the Poker industry; most Poker rooms take this very seriously. Because of the way this practice has evolved through the recent years most poker rooms will close, confiscate funds, AND THEN ask questions. They/we also have a habit of not disclosing too much information relating to investigations so as to not give away what we look for.
The most popular form of chip dumping is to gain access to a stolen credit card then "dump" funds to a legitimate account and withdraw those funds as legitimate winnings.
Id be happy to explain in further details the complexities of the process via PM. note I will not offer any advice to commit this act as a fraud analyst I count it as my duty to find these fraudsters and prevent them from further damaging the industry.
Also any other poker room rep willing to discuss ways of countering chipdumping I am always available to offer advice and hear others thoughts and theory’s in how to continue this battle.
Cheers,
Dorian
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