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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Money laundering is for criminal revenues, e.g. from selling drugs or prostitution. The money itself is normal legal cash.
It needs to be “laundered” because there is a lot of it. If you have a suitcase of cash, you will not be able to buy a house with it, or deposit it into a bank. Not without a proof of legitimate source.
So you need to get proof that money is from some legitimate source, like business profits or casino winnings.
Counterfeit money is usually used to buy one small thing at a time. I am not sure if this is called laundering. if you come into a store with a wad of cash, they will check it very carefully before accepting it.
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