This is just an explaination, not a tutorial. The basic overview of how “cleaning money” works. #fyp #foryou #foryoupage #billionaire #taxes
@moneyplixmediaTranscript
Have you ever done money laundering? No? Well, this shit is pretty fun. And simple. Let's say you come to me one day with a brief case full of cash from not-so-legal activities. Now, if you deposit this money into a bank, they're going to start asking questions about where it came from. And these red flags might even get a certain someone involved. That sounds bad. It is. Now, since we can't tell the IRS that we got all of this money from these activities, we'll tell them that that income came from a legal business, like a bakery. But I don't have a bakery. That's why we need to create one. And to make it seem legit, we can buy an empty store, hire staff, and even serve real customers. Remember, the more proof you have that it's legit, the better chances you have of not being caught. What happens after that? Well, now, we just built a legit business that gives us clean money. What we're going to do is take our not-so-legal business that gives us dirty money and mix the two revenues together. What do you mean by mixing them? Well, if we get $10 from the bakery and $20 from the not-so-legal activities, we're going to tell the bank and the government that our bakery made $30 instead of $10. Isn't that illegal? When's that ever stopped us? Now, the government thinks that the entire $30 came from the bakery, which means we can deposit any amount of money we like without raising any red flags. Don't try this at home.
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