House Break-in following theft of bags from carouse at MEL

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The article gives a pretty extreme example, it would be pretty rare that someone travels with that much money on them. I would almost be willing to bet that the pax was specifically targeted well before they got to the airport rather than simply picked at random.

At 1 pax in 1,000,000 that puts it into the extremely unlikely basket. Yes it is a risk, but so is stepping outside my house.
 
They could be moved to a "new" account and then redeemed for eGift Cards.

Still leaves a trail which could be pretty easily followed. The idea is that you want to start converting stolen funds into something which is anonymous and not logged (such as cash or bitcoin) at the earliest opportunity. Even turning stolen points into eGift Cards, even using a false FF account, and a throwaway email address, you are still going to need to purchase something at some stage, and each transaction (from FF points, to money on the gift card) will leave a log entry somewhere.

The only real thing going for the thief is chances are the $$$ amounts will be too low for anyone to start following the breadcrumbs. The airline will simply return the points and that will be the end of it.
 
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The article gives a pretty extreme example, it would be pretty rare that someone travels with that much money on them. I would almost be willing to bet that the pax was specifically targeted well before they got to the airport rather than simply picked at random.

At 1 pax in 1,000,000 that puts it into the extremely unlikely basket. Yes it is a risk, but so is stepping outside my house.

I had a cash offer for my watch once. This HK guy liked my Panerai so much that he offered twice as much as it was worth new!

I kindly refused, due to the emotional value of the watch and because it just felt weird / wrong / highly suspicious

Then he proceeded to take USD and count 5 figures in cash... I didn't sell it tho...
 
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