Fake books sold on Amazon could be used for money laundering

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April 27 2018

Worthless” books priced at up to thousands, of dollars on Amazon.com and which contain only nonsensical text have been identified as possible vehicles for money laundering by an author whose name was, he says, used to send almost $24,000 (£17,200) to an unknown and fraudulent seller.

Amazon’s self-publishing arm CreateSpacemakes it relatively straightforward to publish a title that contains any text, provided that this isn’t “placeholder” or dummy text, and allowing fake books to be sold on the Amazon website at a price chosen by the seller.