Originally Posted by
Often1
In the real world, that creates "clean" money.
For those who are not laundering money, it is irrelevant. You wind up with the same amount of money you had. For money launderers, it is gold as you have a clean transaction.
Terms such as "canceleld" are relatively meaningless.
Again, we’re not talking about overpayments. If a person submits a $20,000 payment at Amex’s site and then cancels it 30 seconds later, no money has been laundered in any way.
Last edited by joe_miami; Dec 15, 2019 at 8:34 am