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

Taxes. You want to be able to stick it in the bank and use it without the government questioning it.

Sometimes it’s hard to do things in pure cash.

Luckily laundering money is relatively easy if you take time.