E-COMMERCE SCHEMES INVOLVING EMPTY BOXES, QR CODES AND FAKE TRACKING NUMBERS LINKED TO GAMBLING AND MONEY LAUNDERING IN CHINA

On 4 September, an article in the South China Morning Post reported that police in a city near Shanghai, recently busted an operation that used a so-called empty package scheme to launder illegal cross-border gambling money.  The suspects used empty package delivery services to create false online shopping and delivery records to disguise illegal transactions – the so-called empty package scheme being used to launder illegal cross-border gambling money.  Police say the scheme they discovered involves gambling platforms using third-party payment providers to transfer their gains and make it look like someone just bought something online.  It works with the help of QR code providers who generate codes to transfer funds, and fake online shops.

https://www.scmp.com/abacus/culture/article/3100107/e-commerce-schemes-involving-empty-boxes-qr-codes-and-fake-tracking

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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