love2winalot
Dormant account
- Joined
- Feb 10, 2009
- Location
- Philippines/Visiting Las vegas
Hiya. Here is part of the definition of wikiki.
------------------------------------------------------------------------
According to Nashvegas, and maybe others, a lot of us are guilty of this. I am. There are Entire countrys, states, and so on where, "It is Illegal to gamble on the internet". However, a lot of Casino's will have this on their download page, "The customer is responsible to follow the laws of their jurisdiction". Being, you can download, and deposit, and play, and get paid, even though it is against the law where you live.
There are many Casino's that accept players from America, but NOT from certain states. A lot of the time, Nevada, is one of those states. That has never stopped me. Has it stopped you? The fact is, if i can download it, and open an account, and have ameans to deposit into it, and a withdraw means, I DO NOT CARE if i am Technically violating the law. Last night i downloaded a Song from Limewire. I admit it, so send me to jail.......
So, we go get a prepaid debit card. We register with some sort of money processor, "not in our country", and have them take the money off the Card. Then we log into a Casino, and transfer the money from the money processor into the Casino. Then we Gamble on the internet. If we Win, we have the casino send the money back to the Money processor, or send us a check. We then deposit this back onto our card, or/and, then into our bank acct. Money Laundering process complete........
------------------------------------------------------------------------
Here is what a check stub from Bodog Casino in Canada says:
".....To avoid any unnecessary inconvenience when depositing or cashing this check, if asked, simply explain that this is a payment from a large online service provider and that the funds were sent to you at you request.
sincerly, epf customer finacial services.........Germany.
------------------------------------------------------------------------
The point of this post is this. No matter where in the world you live at, it is possible you are at some point in time violating a Law. When i did my Tax return, i accidently forgot to clain the money i Won gambling on the internet. When i deposited my checks, i forgot to brag to the bank manager what a great internet gambler i am. When i wired money thru the e wallets and such, i forgot to demand that they put the Gambling code on the transaction............
SO WHAT? If a person has to jump thru some hoops once in a while, or use a roundabout way to get their money, WHO CARES? If, "YOU" care, then go join the FBI, international police, or whomever, instead of coming here and telling us we are Money Laundering. Because we are, and we don't care...
------------------------------------------------------------------------
-----------------------------------------------------------------------[edit] Laundered or not?
Money obtained by an illegal action is not, of itself, laundered money. The laundering offence comes from the attempt to conceal its source, not because the transaction was itself illegal (which is a separate offence).
The Supreme Court of the United States on June 2, 2008, rendered two judgments in favour of defendants, narrowing the application of the federal money-laundering statute.
In a unanimous opinion written by Justice Clarence Thomas, the Court reversed Acuna, Mexico's Humberto Cuellar's conviction and ruled that "hiding $81,000 in cash under the floorboard of a car and driving toward Mexico is not enough to prove the driver was guilty of money laundering; instead, prosecutors must also prove the driver was traveling to Mexico for the purpose of hiding the true source of the funds." That is, the prosecution had not made its prima facie case. The Court further ruled "that federal prosecutors have gone too far in their use of money laundering charges to combat drug traffickers and organized crime; that money laundering charges under the Money Laundering Control Act of 198, Sec. 18 U.S.C. 1956(a)(2)(B)(i) apply only to profits of an illegal gambling ring and cannot be used when the only evidence of a possible crime is when a courier headed to the Texas-Mexico border with $81,000 in cash proceeds of a marijuana transaction; it cannot be proven merely by showing that the funds were concealed in a secret compartment of a Volkswagen Beetle; instead, prosecutors must show that the purpose of transporting funds in a money laundering case was to conceal their ownership, source or control; the secrecy must be part of a larger design to disguise the source or nature of the money."
Later, in a divided decision, the Court reversed the convictions of Efrain Santos of Indiana and Benedicto Diaz for money laundering based on cash from an illegal lottery. In the plurality opinion, Justice Antonin Scalia wrote that the law referred to the "proceeds of some form of unlawful activity; paying off gambling winners and compensating employees who collect the bets don't qualify as money laundering; the word proceeds in the federal money-laundering statute, 18 U.S.C. 1956, and 1956(a)(1)(A)(i) and 1956(h), applies only to transactions involving criminal profits, not criminal receipts; those are expenses, and prosecutors must show that profits were used to promote the illegal activity." Congress clarified the meaning of the statute in the Fraud Enforcement and Recovery Act of 2009, defining proceeds explicitly to include both profits and gross receipts.
Congress enacted the 1986 statute after the President's Commission on Organized Crime stressed the problem of "washing" criminal proceeds through overseas bank accounts and legitimate businesses. It imposes a 20-year maximum prison term.
According to Nashvegas, and maybe others, a lot of us are guilty of this. I am. There are Entire countrys, states, and so on where, "It is Illegal to gamble on the internet". However, a lot of Casino's will have this on their download page, "The customer is responsible to follow the laws of their jurisdiction". Being, you can download, and deposit, and play, and get paid, even though it is against the law where you live.
There are many Casino's that accept players from America, but NOT from certain states. A lot of the time, Nevada, is one of those states. That has never stopped me. Has it stopped you? The fact is, if i can download it, and open an account, and have ameans to deposit into it, and a withdraw means, I DO NOT CARE if i am Technically violating the law. Last night i downloaded a Song from Limewire. I admit it, so send me to jail.......
So, we go get a prepaid debit card. We register with some sort of money processor, "not in our country", and have them take the money off the Card. Then we log into a Casino, and transfer the money from the money processor into the Casino. Then we Gamble on the internet. If we Win, we have the casino send the money back to the Money processor, or send us a check. We then deposit this back onto our card, or/and, then into our bank acct. Money Laundering process complete........
------------------------------------------------------------------------
Here is what a check stub from Bodog Casino in Canada says:
".....To avoid any unnecessary inconvenience when depositing or cashing this check, if asked, simply explain that this is a payment from a large online service provider and that the funds were sent to you at you request.
sincerly, epf customer finacial services.........Germany.
------------------------------------------------------------------------
The point of this post is this. No matter where in the world you live at, it is possible you are at some point in time violating a Law. When i did my Tax return, i accidently forgot to clain the money i Won gambling on the internet. When i deposited my checks, i forgot to brag to the bank manager what a great internet gambler i am. When i wired money thru the e wallets and such, i forgot to demand that they put the Gambling code on the transaction............
SO WHAT? If a person has to jump thru some hoops once in a while, or use a roundabout way to get their money, WHO CARES? If, "YOU" care, then go join the FBI, international police, or whomever, instead of coming here and telling us we are Money Laundering. Because we are, and we don't care...