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Author: culcha Big gold star, 5000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 211  
Subject: scammers Date: 11/17/2012 10:27 AM
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As I understand it, Western Union is the money transfer system of choice on the part of scammers worldwide. Again, as I understand it, this is because the person who picks up the money simply has to say the correct "code words" -- no ID, street address, or documentation of any kind is required. A large amount of money is scammed in this way every year. (In some countries, scamming is one of the major sources of foreign revenue.) Western Union must know that their money transfer system is preferred by scammers and that it contributes to their being able to commit the crime and get away with it. Perhaps they have have even designed their money transfer system just so that the money can't be tracked -- and we have no idea of where it went. --Has this ever been discussed on this board? --Should it?

culcha
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