In the movie Scarface, Montana is exchanging cash for cheques from Seidelbaum. What business does Seidelbaum run that he is able to offer cheques to Montana in such a way to launder money. Wouldn’t a cheque from his business for hundred of thousands of dollars be a red flag? What does Seidelbaum do with the cash he gets from Montana (doesn’t he in turn need to launder all that money ?)
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Seidelbaum an undercover cop. His “money laundering” is all a ruse to catch criminals attempting to launder money and arrest them.
It sounds like you’re asking how money laundering works. The process takes unaccounted cash from undocumented transactions, puts it on the books of a legal cash- intensive business (the front), and returns a portion as traceable income for the original person.
Businesses historically used for fronts were car washes, laundromats, restaurants, especially buffets where there could be a large waste. The return transaction could be documented as a purchase of consumables used such as soap, food, or excessive rates for maintenance or cleaning services.
Yes, Seidelbaum would have to be doing the actual laundering. One way for someone to do this on a large scale is to with dozens of cash-based businesses owned by a conglomerate.
The smaller businesses take cash receipts and pay the parent for shared services, e.g. payroll, accounting, purchasing, janitorial, etc. The parent outsources these functions to companies owned by Seidelbaum’s laundering customers, e.g. Montana.
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