And how do those at the top buy those mansions and estates. I can’t imagine they’ve got a mortgage nor can I imagine then paying in heaps of cash
In: Economics
As they get towards the area of mansions and estates they generally don’t just go out and buy million dollar companies or grow there crappy shop to have huge incomes they need to invest into existing’s, This would be a trigger for the Govt in any country.
Lets say 1 guy has a trucking company with 5 trucks, You could go to them and say lets buy another 10 trucks, Well your going to give that guy a few million in cash, Hes going to put that thru his business as income. Now your invested in a trucking business with 15 trucks valued at 5million.. You actually own those 15 trucks, You may not even pay them up front you may just rent them it doesnt bother you about Interest.
Now you can start to launder even larger amounts of money, Smart money laundering actually has people to grow that illegitimate business. Nobody whos in the space of buying mansions and estates is in a “life of crime” they begin to shift and grow illegitimate business to be large the advantage they have is they can afford to make mistakes and challenge companies with small profit margin to go out of business.
Its the large companies to be cautious of, Even companies with a history of 50 years can have investors of a shady past, Sometimes it pops up when somebody gets murdred and the news is like “Family man, Nobody knew anything about it” and then you hear a “Was known to be friends with x,y,z” who were all people in illegimate circles.
They’ve practically paid him, Hes living a good life to be legit whilst needing to be illegimate at the same time but every so often the discussion isnt just business and it gets personal.
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