APT 0.00% $66.47 afterpay limited

Ann: AUSTRAC Notice, page-207

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  1. 123 Posts.
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    I cannot grasp this Austrac accusation. Afterpay allows you to only buy retail products to a maximum of $1000. If by chance Afterpay is accused of this fraud, such an act should rightfully flow down to every retail outlet where the customer pays 1000 for a product. Take for example this wild scenario: Afterpay customer buys X, $1000 products and then on-sell them to customers, to obtain the cash to fund terrorist organisations, such a scenario could be attributed to every retail outlet.
    Last edited by doyle01: 13/06/19
 
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