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Pivotal Lever posted:yo broker, i'd like to buy fiddy g's of that index mutual fund you was tellin' me about. payment? well i got 2000 $25 gas cards from sears yo, legally acquired, lets do this poo poo up right We sell gift cards that are $250+
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Feb 23, 2015 18:18
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Uncle at Nintendo posted:How the hell do drug dealers benefit from them? money laundering. Also popular with folks trying to hide cashmoney from their taxable income buy GCs with your piles of filthy cash, redeem for whatever you need. No paper trail. reloadable GCs are especially popular for this purpose. Some of these bear Cirrus logos and as such can be used to access clean cash at ATMs - the ones with Visa logos can be (and are!) used in lieu of bank accounts tip : some reloadable cards are nigh untraceable if the buyer presents a fake ID upon initial purchase. 
buttcrackmenace fucked around with this message at 18:29 on Feb 23, 2015 |
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Feb 23, 2015 18:26
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Hollenhammer posted:Speak for yourself, OP thats a straight up target
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Feb 23, 2015 18:36
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I grew up near a K-Mart and it was more and more depressing with every subsequent visit. Also, one time a teacher who had been fired because he had been creeping on students had a job at the Little Ceaser's there. Never talked to him, though.
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Feb 23, 2015 18:37
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Someone needed some JNCO Jeans for a costume and I joked they should look at k-mart and then they did and there actually was some there and this was like 2005.
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Feb 23, 2015 18:43
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I used to run to the K-Mart down the street from me because it was quiet and cheap. If I needed a cheap shovel, cheap pair of basketball shorts, cheap kid pajamas, or cheap snow sled it was perfect. Now it's a Sportsmen's Warehouse and I prefer the clientele of the former 
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Feb 23, 2015 18:49
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in the past week or so ive had occasion to go to both a sears and a k-mart and couldnt find what i wanted in either so i left they were both decrepit and depressing, poorly stock, and featured more employees than customers i also bought some plastic storage bins from a k-mart last year because they were on sale online and had to go to the store to pick them up kmart makes me sad also strangely kmart and sears near me are hiring but i dont know why anyone would want to work there when there are target, wal-mart, macy's, and other better stores nearby
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Feb 23, 2015 19:09
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buttcrackmenace posted:money laundering. Also popular with folks trying to hide cashmoney from their taxable income I guess but wouldn't they just buy the useful (gas, Amazon, etc.) gift cards in the first place? Why would a launderer go cash -> sears GC -> gas gc? The store return thing makes sense I guess (return expensive item without receipt, get giftcard, use giftcard for gas giftcard). Tiny Lowtax posted:Did you haha wtf would I get  'd for? The cashier won! Chomp8645 posted:I have no idea of the legality of refusing what you wanted to do but a lot of retailers don't like to do this. People trying to pay for one form "gift" currency with another are often trying to do something illegal or launder money. The Staples I used to work at would not have allowed this either if you had tried to do it there. In that case it was because people would shoplift merchandise, abuse the return policy to get store credit (on a gift card) when they "returned" the items, then later try to exchange the gift card for a prepaid visa card or something. It's a common scam in the retail world. Our POS system allowed such transactions but we avoided them in every way possible. ah that makes sense why he refused me then. But why the hell do they sell poo poo like gasoline giftcards anyway? They don't make a dime off them and I can't imagine anyone says "I'm going to head to Sears for a Cheesecake Factory giftcard and hell, while I'm there, might as well pickup an exercise bike!". Even in that unlikely scenario, it seems not worth it for the headaches they must cause. Do they have impulse candy purchases at Sears checkouts too? lol I don't want to launder money. I just want to use my Sears giftcard for something I could actually use. 
Chumbawumba4ever97 fucked around with this message at 19:50 on Feb 23, 2015 |
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Feb 23, 2015 19:45
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Uncle at Nintendo posted:haha wtf would I get They do make money off gift cards. Something like 5% of the face value. Anyway, if you don't want to go back to sears, you could try to use your giftcard at sears.com instead.
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Feb 23, 2015 19:50
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Angela Christine posted:They do make money off gift cards. Something like 5% of the face value. I didn't know that. Interesting. Always figured it was like lotto tickets where they don't make money selling them but it gets people in the store. Eddie Lampert should buy a Sears gift card, purchase a K-Mart gift card with it, and keep doing this perpetually until Sears is back in the green.
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Feb 23, 2015 19:52
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Uncle at Nintendo posted:I didn't know that. Interesting. Always figured it was like lotto tickets where they don't make money selling them but it gets people in the store. Whoa. 
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Feb 23, 2015 19:53
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One Weird Trick This Unlucky Cashier Hates!
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Feb 23, 2015 19:55
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Uncle at Nintendo posted:Eddie Lampert should buy a Sears gift card, purchase a K-Mart gift card with it, and keep doing this perpetually until Sears is back in the green. forget the radioshack stock, invest in sears now. We gonna party like its 1899
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Feb 23, 2015 19:59
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People like my dad shop at K-Mart because a certain ever-shrinking segment of the population refuses to shop at WalMart.
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Feb 23, 2015 20:26
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You can sell your giftcards on ebay for 95+% of their cash value. It's probably a big money launering thing as well, because if you're selling drugs or bitcoins for paypal this lets you cash out without linking a bank account and turn over accounts pretty quickly before paypal gets suspicious about the money. then with a gift certificate to sears or bestbuy or whatever you can buy some stuff and sell it on ebay/craigslist for cash it's important because if you're getting moderate amounts of money regularly through paypal not from ebay auctions paypal will just assume you're selling drugs, freeze your funds and keep them until you prove that it's legal, declared income. they can do this because they're not a bank and relevant consumer protections do not apply poverty goat fucked around with this message at 20:47 on Feb 23, 2015 |
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Feb 23, 2015 20:43
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Uncle at Nintendo posted:I guess but wouldn't they just buy the useful (gas, Amazon, etc.) gift cards in the first place? Why would a launderer go cash -> sears GC -> gas gc? each layer adds anonymity - which is why most retailers discourage or ban GC -> GC sales quote:I don't want to launder money. I just want to use my Sears giftcard for something I could actually use. http://www.dailyfinance.com/2011/12/13/savings-experiment-gift-cards/ also : porn sites
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Feb 23, 2015 21:00
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Iirc PayPal is considered a bank everywhere but the US
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Feb 23, 2015 21:01
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Gasoline gift cards make an excellent "oh crap I have to get this guy a gift and I have to choose between this AMC gift card, this Footlocker gift card, or this Chevron gift card" option if you feel that an Amazon e-gift card makes it too obvious that you forgot about someone's birthday
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Feb 23, 2015 21:20
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WhyteRyce posted:Gasoline gift cards make an excellent "oh crap I have to get this guy a gift and I have to choose between this AMC gift card, this Footlocker gift card, or this Chevron gift card" option if you feel that an Amazon e-gift card makes it too obvious that you forgot about someone's birthday Just give 'em the cash. Nothing is better than a fat stack of bills.
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Feb 23, 2015 21:47
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I find that giving a bj for a gift is usually met with thanks, and is cost-effective to boot
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Feb 23, 2015 21:50
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There was a Kmart in Norfolk VA that was literally next door to a Walmart super center. It was open the entire 5 years I was stationed there. Only thing I guess it functioned for was the $5 little Caesars it had in its old snack bar and its discount racks, like Halloween 2k11 shirts in the summer of 13
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Feb 23, 2015 21:53
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Blue Train posted:I find that giving a bj for a gift is usually met with thanks, and is cost-effective to boot Good news, you can buy those at many Kmarts now.
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Feb 23, 2015 22:04
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WhyteRyce posted:Gasoline gift cards make an excellent "oh crap I have to get this guy a gift and I have to choose between this AMC gift card, this Footlocker gift card, or this Chevron gift card" option if you feel that an Amazon e-gift card makes it too obvious that you forgot about someone's birthday my bible thumping, climate change denying tea party uncle always gives me a $25 7-11 card for christmas and i just use it to buy lottery tickets when it gets to 400+m just for the 1 in a billion chance of my uncle having to live with the reality of making his heathen liberal hippie nephew rich just the dream is worth more to me than a partial tank of gas or a few cups of coffee
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Feb 23, 2015 22:07
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Ironically I'm surprised you can buy lotto tickets with gift cards. You should buy scratch offs instead. At least there's a better chance of turning the GC to money Chumbawumba4ever97 fucked around with this message at 22:13 on Feb 23, 2015 |
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Feb 23, 2015 22:11
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i am 100% unironically surprised to the point where i doubt the veracity of the claim
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Feb 23, 2015 22:13
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Fetus Tree posted:i am 100% unironically surprised to the point where i doubt the veracity of the claim of the two nearest 7-11s to home only one will do it so it must be up to the manager  (which also probably explains the sears situation that derailed the thread into gift card chat)only the worst money launderer in the world would try to cash out with powerball tickets, so poverty goat fucked around with this message at 22:22 on Feb 23, 2015 |
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Feb 23, 2015 22:18
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I would not be surprised at all to find some stupid state or local law that forbids using gift cards for gambling/alcohol/tobacco/anything fun.
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Feb 23, 2015 22:32
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The Twinkie Czar posted:I would not be surprised at all to find some stupid state or local law that forbids using gift cards for gambling/alcohol/tobacco/anything fun. Well in anywhere ive ever heard of lottery is cash only period
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Feb 23, 2015 22:37
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As far as i know lottery tickets cannot be purchased on credit, i don't know how gift cards fall on this issue. When i use to collect Nerf guns Kmart was the place to go. They had the best store exclusive guns and they had the largest toy section of all the big box stores in my home town. Most stores would have like 3-5 isles of toys, Kmart had 12-20. The video game department was also really sweet, as they would always have the hard to find limited edition stuff, because no one went there to shop. I bought one of the pokemon limited edition 3ds xls there no more than 4 months ago ( everyone else sold out of them almost a year ago ). The place is still really ragged, and i know it hasnt been remodeled since the 90's, but the shelves are stocked and its relatively clean.
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Feb 23, 2015 22:50
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yeah gift cards are nice for buying things online as a drug dealer, but all kind of places sell visa gift cards, also buying a gift card and reselling it on craigslist for cash just results in .. cash? the purpose of money laundering is to get it into a bank account looking clean so you can purchase real estate, securities, etc and i don't see how gift cards do this aside from selling them on ebay to get money in your paypal
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Feb 23, 2015 23:21
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Fetus Tree posted:Well in anywhere ive ever heard of lottery is cash only period I think that's a credit card company rule rather than an actual law though. Years ago, HSBC called me at like midnight once because I used my card to deposit money in my buddy's online poker account when we were both drunk as gently caress. They let the transaction go through but they basically said "Yeah this violates your card member agreement."
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Feb 23, 2015 23:28
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The Twinkie Czar posted:I would not be surprised at all to find some stupid state or local law that forbids using gift cards for gambling/alcohol/tobacco/anything fun. When the idea first occurred to me this was my assumption, so I asked the guy at 7-11, and he said it was ok The rest is history Grocery store gift cards usually can't be used to buy booze either. I learned this in college when my well-intentioned parents gave me a harris teeter gift card, so I could buy some real food 
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Feb 23, 2015 23:45
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Feb 23, 2015 23:52
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maybe there's lots of stock but it's jon cena camoflaged and "U CANT' SEE IT" but instead you never thought of that u just kciked kmart while it's down
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Feb 23, 2015 23:53
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Uncle at Nintendo posted:I didn't know that. Interesting. Always figured it was like lotto tickets where they don't make money selling them but it gets people in the store. When I was a kid I assumed kool aid was made by topping it off with water. I mean, I'd look in the fridge and some was there, and the only time I saw it made was mom running the faucet. I figured it just regenerated with a shot from the tap. Same concept here, same mentality running the company.
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Feb 23, 2015 23:57
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Man, this CEO is a nice microcosm of the modern American plutocracy - totally willing to run everything into the ground while simultaneously betting for failure, collateral damage be damned. 
MeatwadIsGod fucked around with this message at 00:08 on Feb 24, 2015 |
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Feb 24, 2015 00:04
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MeatwadIsGod posted:Man, this CEO is a nice microcosm of the modern American plutocracy - totally willing to run everything into the ground while simultaneously betting for failure, collateral damage be damned. It's pretty clear at this point that the richest 1% have a secret space station built somewhere so that when the entire world does collapse economically, they can all just bounce the gently caress out because goddamn. Maybe there's a huge bet going between the super-rich to see who can turn America into Thunderdome first.
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Feb 24, 2015 00:07
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Feb 24, 2015 00:20
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ah yes k-mart in-jokes
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Feb 24, 2015 00:31
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gggiiimmmppp posted:ah yes 
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Feb 24, 2015 00:42
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