I have read so many of the scammers asking for payment via steam, iTunes, and other gift cards. How does that make them any actual money? Short of on selling the codes for less than their worth…

Question

I have read so many of the scammers asking for payment via steam, iTunes, and other gift cards. How does that make them any actual money? Short of on selling the codes for less than their worth…

In: 201

Answer 1

Have you ever seen a really crappy game on Steam that was really expensive? Maybe a game you can beat in 5 minutes with bad graphics that costs $200? Sometimes that’s done to launder money. All those Steam gift cards are used to buy the game from somebody that made a quick and easy game. The profits from the game are from gift cards that were scammed, and making profits from games becomes actual money. This is just one way it’s done. Probably could make an app on iTunes and do the same thing with iTunes gift cards.