If no one knows about your dirty money why do you need to launder it

Question

I know money from drugs, robberies, stolen goods, etc is “dirty” but, how does anyone know it’s dirty? Why can’t you just spend your money?

In: 316

Answer 1

It’s how a lot of criminals get caught. If they can’t pin, say a murder or other capital crime, on a criminal or criminal enterprise the authorities follow the money and get you for tax evasion. It’s how al Capone went down. And sometimes that’s the only way they can convict.