Eli5: Why does counterfeit money need to be “washed”?

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I’ve been watching way too much Good Girls. Why does counterfeit money need to be “washed”? Why can’t you just spend it like a normal person spending normal money?

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Anonymous 0 Comments

“Washing” money is replacing the “dirty” money that you have with money that doesn’t have any connection to any illegal actions.

Counterfeit money, like other dirty money, is connected to crime(in the case of the creation of the counterfeit money itself being a crime).

If you spend a counterfeit $100 bill and you get back a bunch of smaller bills and some change, you’ve gotten rid of the thing that would provide easy evidence of you committing a crime, and you’ve replaced it with plain old money that you can use any way money can be used.

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