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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when you cash out for more than 10k, they collect your SSN to tax you ob your winnings.
If you regularaly are chashing out 500k, and not loosing much, they are going to notice.
the point of money laundering is to provide a plausible legitimate origin. “I take 500k to the casino each day” isnt a plausible origin.
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