I understand how money laundering works for smaller time criminals, buying some cash heavy business, mixing in the illegal cash with legit profits, etc… But how large scale criminals like major drug traffickers and such can launder 10s or 100s of millions I don’t understand. The conventional front business method seems like it would require an unreasonable amount of stores to handle that kind of volume.
In: Economics
Breaking bad, better call Saul does a great job incorporating this into the story with El Pollo Loco franchise. Basically they buy legit businesses to wash the “other” money.
More fronts mostly.
You’d be surprised how much cash some business can run through. I run a car wash that clears $50k a month and it’s the slowest in my district. I think the number one guy was clearing $200k gross.
Easy to clean cash when you have multiple businesses like that.
..I assume.
Also not everything needs to be laundered. Huge chunks of that dirty money are used to buy more illicit goods, passing the cleaning problem along the supply chain.
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