Let’s say I have 500k in cash from fraudulent activities. It seems like I could just go to a casino and play games in a way that minimises my losses or even, if let’s say I was a big organisation, try to work with some casinos for them to launder my money for a lower fee.
I suppose there are rules in place to prevent this type of activities. But what are they? How is this prevented from happening? It seems like it’s really easy to launder money if I needed to
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There’s been a lot of good comments here about how it’s prevented on the casino floor and how casinos track chips.
But what is stopping someone from taking your hypothetical 500k, dividing it by 2, and then placing a 250k sports bet on one team, and then placing the other half on the opposing team at a different casino?
You’re guarunteed to win one of the bets and come close to even overall, and to each casino it would look like a legit bet? Especially if one was breaking bets up and keeping it under 10k?
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