SCAM NEWS: A New Study Finds that Video Games are Being Used for Money Laundering

SCAM NEWS: A New Study Finds that Video Games are Being Used for Money Laundering

SCAM NEWS: A New Study Finds that Video Games are Being Used for Money Laundering

Back in October 2019, Valve closed down the trading of container keys in Counter-Strike: Global Offensive. Container keys are normally used to unlock rare items such as firearms and knives. Keys used to be tradeable on the Steam marketplace, but Valve observed a recent shift in fraudulent markets that started using container keys to liquidate profit. Valve claimed that near all the keys being traded were being used for fraud. People can still buy keys, but the keys remain in their own inventories.

Research analyst Kayla Izenman and Research Fellow Anton Moiseienko from the Centre for Financial Crime and Security Studies at Royal United Services Institute (RUSI) co-authored a recent study on money laundering in video games. RUSI’s study mentions that investigations into money laundering started as early as 2013, when cybercrime analyst Jean-Loup Richet wrote a report after investigating various hacker forums. By using virtual currencies in games, people were able to send money to other people, typically over international borders.

Click On The Title In The Content Box Below To View The Full Story

 

WOULD YOU HELP US HELP SCAM VICTIMS?

 

TAGS: Scams, Scammers, Scam News, SCARS,  Kayla Izenman, Research Fellow Anton Moiseienko, Centre for Financial Crime and Security Studies, Royal United Services Institute (RUSI)

 

PLEASE SHARE OUR ARTICLES WITH YOUR CONTACTS
HELP OTHERS STAY SAFE ONLINE

The Latest ScamCrime.com Posts

TO LEARN MORE VISIT
«ROMANCESCAMSNOW.COM»

CHAT WITH SCARS|RSN™
«CLICK HERE»

 

– – – – – – – – – – – – – – END – – – – – – – – – – – – – –

How Do You Properly Report Scammers?

It is essential that law enforcement knows about scams & scammers, even though there is nothing (in most cases) that they can do.

Always report scams involving money lost or where you received money to:

  1. Local Police – ask them to take an “informational” police report – say you need it for your insurance [use caution, not advisable in all countries]
  2. Your National Police or FBI «www.IC3.gov» OR from within the U.S. «tips.FBI.gov»
  3. The Scars Worldwide Reporting Network «HERE» or on «www.Anyscam.com» [available anywhere]

This helps your government understand the problem, and allows law enforcement to add scammers on watch lists worldwide.

– – – – – – – – – – – – – – – – – — – – – – – – – – – – – – – – – – –

To Learn More About SCARS Visit
«www.AgainstScams.org»

Please Be Sure To Report All Scammers
on «www.Anyscam.com»

All original content is Copyright © 1991 – 2020 SCARS All Rights Reserved Worldwide & Webwide – SCARS|EDUCATION, SCARS|SUPPORT, SCARS|RSN, Romance Scams Now & SCARS, Society of Citizens Against Relationship Scams (and others) are all trademarks of Society of Citizens Against Relationship Scams Incorporated Third-party copyrights acknowledged.

 

 

What Did You Think About This?