Why is money laundering necessary?
In: Economics
Already great answers on here so I’ll just add with a visual example: Breaking Bad. (Some spoilers for those who haven’t seen the show yet!)
Walt makes a ton of money selling meth. The money is dirty, and they don’t make much money legally. What do they do to “clean” it? They buy a car wash.
Skylar works the register. Occasionally you’ll see her perform an “imaginary” sale with no one there. Write in your ledger that someone paid for the premium car wash, put your dirty money in as profits, when in reality the washing of the car never happened.
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