On a Facebook group, some guy I never heard of before claimed to have $40k worth of MLife credits, and wanted to "sell" them at an unspecified discount. I told him that I might be interested to buy them as needed, but that there's no way to transfer such credits to other people. I told him the only possible thing he could do was be present when I needed them, and then sell them to me on the spot for some kind of discount, in exchange for cash.
For example, sometimes I will have large dinners at MGM properties with family or friends from out of town, and the bill runs into the thousands. There it would be nice for someone with a ton of points to come down and pay for the meal, and I pay them cash at some cut rate. Win-win.
Also sometimes I have family come into town and they get a bunch of rooms, sometimes suites, which I have no way of getting comped for them, so again they pay real $ for it. Again, here is where points can be useful, but it requires for the person to show up and pay for it on the spot.
I told the guy what I needed, and he told me that it was too much trouble. He claimed that he could "book online for me" any room I needed, via his points. I told him that it didn't work that way, and the room would end up in his name. At best he could put me down as a roommate, but they could potentially demand he show up before I can check in. He swore that it's "never an issue", which I don't believe.
Laughably, he then told me that he was going to sell his entire balance for $750 to "one of several interested parties".
Again, I told him you can't transfer credits like this. He said that he would simply just give his account info to them and his physical card, and they could use it. I told him that MGM will likely check for ID for everything, rendering it worthless to most people, and possibly getting them banned for attempting.
He then came back telling me that I was clueless regarding how the whole thing worked, at which point I had some choice words back to him, and we parted ways.
He did show me an authentic-looking screen shot of almost $40k worth of points, which I don't think was photoshopped.
The question: Do you really think someone buying it for $750 could get any viable use out of this, or is it only a matter of time before they get caught and something bad happens?
FYI, I am not even considering buying the credits this way. I was only interested if he would show up and pay for huge-bill meals I'd have occasionally, or whatever.
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Thank you Dan! 
