Why is money laundering necessary?
In: Economics
You steal some money from your friends, and as a five year old, your parents are going to know something is up if you go and buy that Lego set for 100 bucks, because they know your allowance doesn’t give you anywhere near that much money. So maybe you set up a lemonade stand. The stand only makes 20 bucks today, but you stuff some of your stolen money in the jar, and tell your parents you had a great day, and sold 50 bucks worth of lemonade. Do that a few times, and now the money is “clean”, and your parents dont think you did something bad to get it.
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