Credit card running means that credit card holders use legal payment codes or POS machines to collect money for others, and then transfer the money to the designated corresponding account according to the requirements of others. Through this behavior, cardholders can get a certain commission. However, cheating is illegal and requires legal responsibility. The main purpose of cheating is that some criminal gangs, such as gambling or fraud gangs, want to use this channel to launder money for themselves.

What does money laundering mean?

Money laundering is a term used by financial professionals, and it is an act of legalizing illegally obtained money. Specifically, it is to conceal and disguise the source and nature of money and other income illegally obtained through various means and legalize it. There are various ways of money laundering, which makes financial supervision more difficult. There are many ways for criminals to launder money, such as services provided by financial institutions, forged commercial bills, illegal exchange of foreign exchange, etc. The illegal profit of money laundering is huge and difficult to identify. At the same time, individuals are easy to passively participate in illegal money laundering and need to pay attention to such illegal activities at all times in their lives.