On: ‘Fleeceware’ apps overcharge users for basic app f...

[NavekM]

It's 30% for App Store I attended a money laundering course and that was about the going rate for large value sums.

[sdinsn → NavekM]

> I attended a money laundering course

Hmmm? Hopefully from an anti-laundering perspective, right?

[Jyaif → NavekM]

After the 30% Apple takes, you still have to pay tax.

[maximente → NavekM]

you mean that launderers are typically taking 30% cut from dirty amount to launder the money?

[matharmin → maximente]

Their "profit" would probably be much less than that - they have their own overheads for doing the actual laundering.

[mruts → matharmin]

I wouldn’t surprised if money laundering takes a 50% off your pre-laundered money. It’s a funny world when some people are paying to avoid taxes and some paying to pay taxes!

[ukoki → mruts]

I think deniability of criminal activity is the main goal, rather than tax evasion.

[mruts → ukoki]

Laundering money makes you pay taxes, not evade them.