View Single Post
  #1  
Old 11-09-2007, 04:56 PM
pocketpared pocketpared is offline
Senior Member
 
Join Date: Mar 2007
Posts: 322
Default Again, to bring you back to money laundering

So the technology, in my opinion, doesn't just involve the games. Q: How about "chip-tracking"? A: Chip-tracking is another interesting thing, and how the casi nos might use it and how we might use it might be two different things. With chip-tracking, (the casinos) can put radio fre quency devices in the chips. Ob viously they can track where the chips go. So the casinos can do the player ratings and (see) what the players do and track the play (and) cater to the player.

We here can see: Are you walking with chips? Where are the chips going? Are you passing the chips off? How are the chips coming back into the cage? Again, to bring you back to money laundering, what we find happens in the casinos is people are trying to avoid the CTRC's (Currency Transaction Report by Casino -- any transaction above $10,000). So they get $20,000 worth of chips and they give $10,000 to their friends to turn in or cash out and they keep $10,000 to cash out and they're trying to fly under the radar. So not only can the chip tracking work for the casino to cater to the customer, it can also work for us here in law enforcement
http://www.nj.com/business/ledger/in...xml&coll=1
Reply With Quote