Massive $140,000 chip dump on Ongame

[GeniusToad]

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I take it that those who believe in the "Stop Snitching" credo would have no problem living in a crime ridden neighborhood where many of the residents believe in the same thing.

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[m_reed05]

Every time a bell rings, an angel gets its wings.

Every time Nick Rivers talks, a brain cell slits its wrist.

[dlk9s]

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Every time a bell rings, an angel gets its wings.

Every time Nick Rivers talks, a brain cell slits its wrist.

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I am sad that such a good screen name and avatar (Nick Rivers) was wasted on such a dolt.

[Nick Rivers]

I see, so people can merely launch ad hominem and can't actually make a logical point via a well-constructed argument. Face it, I'm completely right in my comparison of chip dumping and site-approved transfers. They both have the same vulnerabilities, and if you are in favor of one, it is illogical to be opposed to the other based on the arguments given thus far in this thread for why chip dumpers should be snitched out. People dump chips at OnGame because transfers of large sums of money there are impossible. If these two people could have just transferred the money the way you can do at other sites, I'm sure they would have done that instead of dumping.

[Tweed _Man]

Put it this way N.R -

If I wanted to:

- buy a bomb
- buy a [censored]-load of drugs / guns whatever
- Pay a large bung / bribe

etc etc


What do you think the easiest way for me to do this would be without my bank or the other party's bank getting suspicious?

[Rek]

Nick, I don’t know if you really are as dumb as you are making out or are merely playing devil’s advocate for the sake of it.

99.9% of chip dumping is money laundering. Illegally obtained funds are transferred around from player to player until the dumping is so complex you cannot trace who has legally or illegally ended up with the money. The “dirty” money is laundered until it is “clean”. Hence the term “money laundering”.

Most of money laundering activity involves drugs, prostitution and most dangerously of all terrorism. It is the duty of every law abiding citizen to report suspicious activity so it can be investigated fully.

There will be odd occasions where 2 friends are just trying to find an easy way of transferring money from one to another. It may take a little bit longer to do it through “normal” channels but that is an unfortunate side effect of criminal activity.

Please stop trying to defend the undefendable. You are making yourself look incredibly stupid. All posts are welcome but please engage brain before writing again.

[Nick Rivers]

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99.9% of chip dumping is money laundering. Illegally obtained funds are transferred around from player to player until the dumping is so complex you cannot trace who has legally or illegally ended up with the money. The “dirty” money is laundered until it is “clean”. Hence the term “money laundering”.

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Can you please cite a source for where you got your 99.9% figure? 100% of chip dumping I've witnessed has not been money laundering. Furthermore, can you please explain how this argument against chip dumping doesn't also apply to player to player transfers that occur at sites that offer them (not OnGame, where it is not offered). Don't you suppose that there must be a lot of money laundering going on in transfers if money laundering is as omnipresent a problem as you make it out to be? Perhaps even more than is happening through chip dumping?

For the record, I also have no problem with people buying or selling drugs or engaging in prostitution. I also don't fear terrorism the way the US government wants me to. Thus, your reasons for why it is my civic duty to snitch out people for chip dumping (besides how I disagree with your 99.9% figure in the first place) are not compelling to me. I still say you and everyone else in this thread who are so opposed to chip dumping are (a) applying a double standard and (b) grossly overestimating the degree to which chip dumping is really a problem. I think a lot of this "OMG this is so obvious" sentiment in this thread is coming from people who aren't really thinking about the situation critically and are just reacting to the mob mentality that we should give a [censored] about chip dumpers. I don't think we should and I have yet to hear a compelling reason why, and I have yet to hear anyone dispel the double standard I perceive when it comes to chip dumping vs. player to player transfers on poker sites.

[Rek]

Ok - you wasn't playing devil's advocate and you really are that dumb.

You are ok with drug dealing, prostitution and terrorism is not a problem.

I will not waste my time communicating with you again. Sometimes you must give up on a lost cause. I hope you don't learn the lesson the hard way. Peace be with you.

[poker007poker]

I saw the chipdumping too

[321Mike]

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99.9% of chip dumping is money laundering. Illegally obtained funds are transferred around from player to player until the dumping is so complex you cannot trace who has legally or illegally ended up with the money. The “dirty” money is laundered until it is “clean”. Hence the term “money laundering”.

Most of money laundering activity involves drugs, prostitution and most dangerously of all terrorism. It is the duty of every law abiding citizen to report suspicious activity so it can be investigated fully.

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So people are dumping chips to pay for hookers and blow?

I suspect (with no real data to back it up) the large majority of chip dumps are people innocently, but foolishly trying to move money around without going through the proper channels. People paying debts, staking other players, moving money to alternate accounts - that type of thing.

The problem is that some (what percentage, I don't know) of these chip dumps aren't innocent. They are people defrauding the poker site or stealing from its players. We should be aware and report chip dumping to protect each other from theft.

And if Rek reports the chip dumping to save the world from drugs, prostitution, and terrorism I guess that's OK too.