TwinTurbo.NET: Nissan 300ZX forum - I just asked a guy who was selling magazines
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Subject I just asked a guy who was selling magazines
     
Posted by Keaner on November 25, 2007 at 2:17 PM
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In Reply To Everyone BEWARE of "stsgracing" A.K.A. Steve Tansey posted by LitlElvis on November 25, 2007 at 11:39 AM
     
Message door to door...

This sounds a heck of a lot like money laundering. My guess:
He bought a bunch of stuff using his dad's credit card, so he turned the money into merchandise.

THEN, he would resell the items for as much as he could (not necessarily the whole price, but enough). He could then transfer that money to a different account, with no link to the original money.

That is essentially the definition of money laundering.

My guess is that his father finally caught on when the CC bill came, and is flipping out.

     
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