What is money laundering?
In: Economics
Let’s say that you stole $50 from someone in school. You can’t buy candy or a new toy because your parents (the government) know that you don’t actually have that much money. So instead you open up a lemonade stand. You get real actual customers, but at the same time you make fake sales with your illegal money. Afterwards you show your parents how much money you made. Then you can buy candy or toys for your money because your parents thinks that the money is totally legit.
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