Are you a Smurf? Better hope not!
There is a little known term in the banking industry called 'Smurfing', you had better hope that you are not one. To put it simply Smurfing is a term used in money laundering. It's when criminal enterprises either gather or create a group of disconnected individuals to put criminal profits into the legitimate banking system.
These individuals put large amounts of dirty money into circulation in small amounts so that the origins of the money is obscured. http://en.wikipedia.org/wiki/Structuring
Now the problem with smurfing is that it is illegal, in the US the penalties can be fines, up to five years in prison or both. Yep Smurfs can go to jail in the US.
Now there is a certain program circulating here on APSense, I don't have to tell anyone what it is. affiliatemoney has many times told people to do the math, but obviously people can't or won't do so so I will do it for you.
This program pays you $50 to sign up($50 in fake no value 'money'), t then pays you $5 for each referral and $20 per day for being active. So let?s say you sign up for this program. You now have $50 free money in your account. You want that money so for the next 30 days you are active that's $650 now in your account. You find five people just as greedy for free money as you. That?s $775 in your account. Woo hoo you are getting rich aren't you? Lets say those five you signed up do the exact same thing. That is a total $3875 accrued in the five accounts each account having a total of $775.
Now this is the point that you have to actually use your brain. The money in your account is not legal tender, it has no value. How does this no value funny money suddenly gain value? It?s not being printed out of thin air. There has to be cash or valuable assets backing it if you can withdraw it and spend it. Where is the cash and or assets coming from? You don't know because you have no contact information on the 'company' that developed this program, but you can safely assume that it is coming from somewhere.
Could that money be coming from a reputable source? Yeah it could but it could just as easily be coming from any one of these sources:
Drug Trafficking
Murder for Hire
Prostitution
Illegal Gambling
Arms Dealing
Skimming
Identity Theft
Human Trafficking
The list goes on and on.
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Comments (24)
Cheryl Baumgartner12
Medical Billing/Coding/Insurance
Good for you everyone should be wondering about this. It is a serious fall that people are setting themselves up for and all for a 'business' that hasn't even existed for mush more than a month.
That in itself should be raising red flags all over the place. No legitimate business even with explosive growth is all over the place like this one in about a month's time unless someone is pulling some shady stuff in the background like black hat SEO tactics to get it up there. This thing was all
Sue Larson7
Platinum Leader
Thanks for the info! I had my wonders about this myself...
Cheryl Baumgartner12
Medical Billing/Coding/Insurance
Yes Dogpatch and it will be even cuter when the feds start rounding people up and passing out cute little blue handcuffs. Ignorance is no excuse and it has been pointed out time and time again that the source of the 'money' to back the garbage credits you are all bragging about is DELIBERATELY hidden. The 'company' behind this 'program' is DELIBERATELY hiding their details to prevent due diligence.
Whether you want to admit it or not, the "money" is not coming from a legitimate source. If
Cheryl Baumgartner12
Medical Billing/Coding/Insurance
For those who have read the post thanks for your honest input. I would love nothing better than to see this scam shut down and those pushing it so heavily sitting in a foreign "Midnight Express" type jail doing serious hard time.
Those innocents that they con and connive into joining these schemes get hurt directly. Those victims of the criminal activity funding these type schemes get hurt on the front end. Every last person who is promoting a money laundering scam should have to see exact
Vps Malhotra16
Free Lancer
yes correct I am just in to see the fun I know there is no cashout any time inDec 2011 I remeber Free Tool Box not lon ago
thanks for the alert
keep up the appreciative work
Cheryl Baumgartner12
Medical Billing/Coding/Insurance
@vin perfect way to get you comment deleted by coming here and posting your recruitment link to a hype page with no info. You are the weakest link, Goodbye!
And on to Round Two
@Aldemer you are either endorsing VIN's spam link or you did not bother to read the post. You are now the weakest link, Goodbye!
Warren Day7
@VIN I just looked at your profile and you are one of the paybox crew, you really should read this blog
Kathy George6
cute article
Aleksandar Misackovs...6
good point you have there. i now which program it is. i have been skeptical about this free money. i think maybe it's a scam. maybe it's drug money, but it's no money at all
Warren Day7
@vin have you heard of the term spamming?
Aldemer Cabalida7
Web Developer, Internet Marketer, SEO Specialist
yeah it is Great
Sean North12
Business
thats a warning shot across their bows
Vps Malhotra16
Free Lancer
good and thanks for clearing the smurfing stuff and warning the unwary thanks
Vps Malhotra16
Free Lancer
Nice write up and warning for friends not to get unawares of this "smurfing Stuff" Some FBI investigations and cases are on in USA on one time preferred Money processor on this count
thanks for giving such a good details so that one may not get caught in its web as there are sites alluring to come in the ring be ware!
thanks for high lighting!
Peter Meklenborg11
CEO at BlitZher.com / MyQBlog.com
Nice whit a little blue smurf :)
Wendy Ward7
Web Designer
Its perfectly obvious that whatever they are up to it is not legitimate and is never going to make anyone rich but themselves. If certain people who keep advertising it cannot see that then they are the ones lacking in brain cells.If they are so greedy that they can overlook all the discrepancies and the fact that people are going to be ripped off, just because they have a vague hope that they might get rich then they deserve anything that might happen to them.
Kaiser Nabola6
Thanks for this blog, these guys better watch it now, no more smurf? Thanks again.
Cheryl Baumgartner12
Medical Billing/Coding/Insurance
You are welcome. Hopefully this will make people THINK about where that 'free' money could be coming from.
Patsy j Payne8
konnektions konsultant
Wow, thank you. I appreciate you making so clear. I don't join such programs, however, was not aware of the potential background. I guarantee I will NEVER "smurf" again. I haven't in the past, something for nothing is logical.
Prosperous non-smurfing
Cheryl Baumgartner12
Medical Billing/Coding/Insurance
I have seen WWE fans less 'willingly blind' than the mass hysteria going on around here.
With the advent of technology these money laundering scams flourish in the online marketing arena. 90% of these programs are scams, flops or information harvesting endeavors people. Wake up and realize if you are taking part in a money laundering scheme you are facilitating the criminal activity generating the money.
In other words you are just as guilty as the corner pusher, the hitman or the arms