HOW CHILDREN PLAYING FORTNITE ARE HELPING TO FUEL ORGANISED CRIME

On 13th January, the Independent carried an article saying that criminals are using the hugely popular video game Fortnite to launder money through its in-game currency.  Stolen credit card details are being used to purchase V-bucks – the virtual currency used to buy items in the game – from the official Fortnite store.  By selling V-bucks at a discounted rate to players, the criminals are effectively able to “clean” the money.  Discounted V-bucks are being sold in bulk on the Dark Web.  An investigation uncovered operations being conducted around the globe in Chinese, Russian, Spanish, Arabic and English.  Fortnite has more than 200 million players worldwide.

https://www.independent.co.uk/fortnite-v-bucks-discount-price-money-dark-web-money-laundering-crime-a8717941.html

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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