21 Feb
2007
21 Feb
'07
3:32 p.m.
At 09:23 AM 2/21/2007, Eugen Leitl wrote:
Money laundering for dummies: take a number of bank accounts with online access (HBCI/FinTS/OFX(?)), and implement a mix cascade for money.
Ripple could be a good match: http://ripple.sourceforge.net/ A Ripple automation 'bot (using open source), that could 'manage' incoming and outgoing transactions (up to some limit set be the account holder) from a bank account, could make a near ideal mixmaster.
With a few 10 accounts and many interactions the origin of what went where is very difficult, unless there is a full transaction log available from each institution.
Which of course there is... Steve