The real scam was to use cash back or frequent flyer cards to buy money from the US mint. Apparently they were required to sell $1 coins online to get them into cerculation. So people were buying thousands of dollars worth of them (free shipping!) and depositing them right into their bank.
Supposedly you can't do it anymore but I don't remember how they prevented it while still trying to get the $1 coins into circulation.
Supposedly you can't do it anymore but I don't remember how they prevented it while still trying to get the $1 coins into circulation.