Thursday, March 1, 2007
Post # 1 on class material
In response to the topic of Law, Privacy and Security issues on the internet, (discussed, in class 2/28/07) I never truly understood the negative effects that online gambling could have on the country. It is now apparent that online gambling can be an easy vehicle to promote money laundering, and even the transfer of money for illegal activities such as drugs and for terrorism. According to the notes the US is trying to crack down on this issue since security has become a major issue within the US today. The reason I am commenting about this topic on my blog is because I have experienced first hand the tighter restrictions that are being applied to online gambling in the US. When I used to play online poker, I began to receive resistance from my local bank when I tried to electronically transfer funds from my account to the website. They put a block on the transaction and did not let it process over the internet. I had to personally call and follow up over the phone to perform the transaction.
Subscribe to:
Post Comments (Atom)
1 comment:
Speaking about how your bank put a block on your transaction, I see that firsthand once in awhile at my job. I work at Bank of America and I receive inquiries from business card customers who have had their charges declined at gambling websites. The bank simply won't let cardholders make these transactions.
Post a Comment