Five UK residents were jailed on Friday over a conspiracy to launder money using iTunes gift vouchers. The gang used stolen credit card details to buy vouchers which they sold at a discount via eBay and other auction sites. Suhail Tufail, 35, of Rochdale, Lancashire, masterminded the scheme which was estimated to have involved …
"Pro-active intervention of the police"
Er, didn't the police only become aware of this after looking at their laptop, presumably seized for some other offence?
One must admit...
This does seem to be a fairly simple way to launder the money, and probably gives a competitive - if not above average - return on the money to be laundered.
I'm not sure what sort of anti money laundering activity is required by a company selling pre-paid gift cards, possibly none although I don't think that's very likely. You would have thought that £3/4 of a million's worth of cards going to one, or possibly a few addresses would have raised suspicions, especially if those cards are purchased using multiple credit cards and are then all resold. If ITMS were a bank, they would be in big trouble with the FSA at the moment for a serious lapse in their anti money-laundering requirement.
Fishing expedition ahoy
"A routine car search... resulted in the seizure of a number of items from the car, including Rasool's laptop."
So under what grounds was the laptop 'searched' then? Seems to be an increasing amount of cases where Police bust someone for something and then just happen to find alleged perp's computer and then have a look to see if they can get them for something else.