April 19, 2010, - 4:57 pm
For years, I’ve complained that pre-paid cards, whether credit cards or gift cards, are the money laundering method of choice for Islamic terrorists. Federal agents and local police tell me it’s a tell-tale sign of drug-dealing or terrorism financing. And, sadly, federal agents don’t really search those going back and forth to and from the Middle East for such cards. This is how these cretins get around Patriot Act reporting of money transfers.
The “Abu Abed” Hit Squad: If They Were Muslim No-One Would Care About Their Credit Cards
The Goose Creek terrorists, Youssef Megahed and Ahmed Mohamed–the University of South Florida Muslim alien students, who were caught with pipe bombs in their trunk and were headed to New York for a likely terrorist attack–were found with Walmart gift cards all over the dashboard. The cards were loaded with untraceable cash. The same happens with pre-paid credit cards with such vendors as Greendot. The cards are sold at pretty much every drugstore and supermarket chain around America.
But no-one cared or did anything about it. Because, hey, terrorists money laundering and financing terrorism . . . no problem.
Now, though, the assassins of HAMAS terrorist arms dealer and Iran conduit Mahmoud Al-Mabhouh a/k/a “Abu Abed” are linked to pre-paid credit cards bought from a U.S. vendor run by a former Israeli soldier. And, because the evil Zionist JOOOOS are involved, America is taking notice. Islamic terrorists and drug dealers–who cares? Israelis that clean up the world from terrorists–ooh, time to worry. At least for the the Prince Al-Waleed Bin Talal/Rupert Murdoch-owned Wall Street Journal:
A five-year-old New York company run by a former Israeli special-forces soldier is embroiled in the controversy surrounding the slaying of a senior Hamas official in Dubai.
Police in Dubai say that Payoneer Inc. distributed some of the prepaid cash cards that have been traced to suspects sought in the January killing of Mahmoud al-Mabhouh, a senior leader in the Palestinian militant group. . . .
Reached by phone, Payoneer’s chief executive, Yuval Tal, said the company was “very surprised” to be mentioned in the Dubai police report.
Details of the case aren’t clear, but Dubai police have linked the Payoneer cards to accounts that they believe were used by 14 of the 26 suspects sought in the killing of Mr. Mabhouh. The police haven’t explained how they suspect the cards may have been used. Still, the connection of the cards to the case highlights concerns in the payment industry that such plastic can be misused.
“Misused”? Hmmm . . . where were the Wall Street Journal’s reports about “concerns in the payment industry” about such misuse, when terrorists and money-launderers use the cards. That’s the real misuse. Cleaning the world up from a murderous thug isn’t a misuse.
Founded in 2005, closely held Payoneer is one of a growing number of middlemen that are springing up to sell prepaid cards issued by banks. These middlemen act as the bank’s sales force, marketing the cards. Payoneer sells cards on behalf of MetaBank, a unit of Meta Financial Group Inc., of Storm Lake, Iowa. . . .
Branded with the MasterCard Inc. logo, Payoneer payroll cards can be used anyplace that accepts credit or debit cards for payment. It isn’t clear how the Payoneer cards got into the hands of the suspects in the killing or where they were used. Authorities in Dubai haven’t said if the cards were distributed to one of Payoneer’s customers or whether they came from Payoneer directly.
Banks that issue the cards are ultimately responsible for ensuring that firms like Payoneer are following various federal regulations, though once the cards are issued they can be easily passed on to other people, according to industry experts.
“Standardized steps were taken in accordance with applicable regulations and industry standards to validate cardholder identities prior to card issuance,” Meta said in a statement, adding that an internal review has found that the bank followed proper procedures.
The company added that the individual cardholders weren’t on a list of suspected terrorists and “no other readily apparent method existed for Meta to determine that identity theft had been perpetrated on valid governments and their citizens.” . . .
A spokeswoman for MasterCard, based in Purchase, N.Y., said card issuers “are required to have robust antimoney laundering and customer identification programs in place in accordance with the Bank Secrecy Act and U.S. Patriot Act, and in accordance with the MasterCard rules and standards.” . . .
Payoneer’s Mr. Tal described himself as a former Israeli special-forces soldier during an appearance as a commentator on Fox News during the 2006 Lebanon war.
PUH-LEEZE. Anyone can buy these cards in anyone’s name or even a fake name. All you need is a name, address, and social security number, and it doesn’t even need to be yours or be real. There are no programs to stop these.
But I love the concern, now that alleged Mossad agents (or whomever it was) killed an Islamic terrorist who deserved to be snuffed out. And whoever killed Mabhouh may have specifically bought the Payoneer cards to pin it on Israel. That’s not a mistake Israel would have necessarily made (unless they wanted to hint at the world that they did it, so Islamic terrorists will know they are never safe–a great message).
Like I said, when Islamic terrorists who kill innocent people use these cards everyone looks the other way. But when those who save the world from these terrorists, use the cards, time to freak out.
Tags: Abu Abed, assassination, credit cards, Dubai, Hamas, Islamic terrorist, Israel, Israeli, Mahmoud Al-Mabhouh, MasterCard, Meta Financial Group, money laundering, Mossad, Payoneer, pre-paid credit cards, prepaid credit cards, terrorism financing, terrorists, Yuval Tal