Eli5 How do people launder money with art? 887 viewsJanuary 3, 2024 Question91.24K July 31, 2021 0 Comments Why do people buy huge canvases with a few dots on from an arts unheard of for millions? I know it’s commonly used to launder money. Can someone explain how the process works? In: Other 22 Answers ActiveNewestOldest Anonymous Posted July 31, 2021 0 Comments There’s no good way to value most pieces of art. Some art is sold at very inflated prices as a means of transferring or laundering money. You are viewing 1 out of 22 answers, click here to view all answers. Register or Login
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