how to clean dirty money #financeuk #squidward #education #finance #business

Out of criminals really clean dirty money. Squidward has a huge problem. He's just made 100,000 pounds in illegal cash. If he walks into a bank with a suitcase full of bills, the government will ask where it came from, and Squidward goes to prison, so he needs to make dirty money look clean. Squidward opens a tiny pizza stand that only accepts cash. Every day, 50 real customers buy a slice. But when no one's looking, he rings up 200 extra sales on the register, sales that never happened. Then he takes his illegal cash and puts it straight into the cash draw to the tax office. There's no crime. Squidward just sold a lot of pizza. At the end of the year, he declares 100,000 pounds in profit from pizza sales. The state says, "Great, now you owe us 20,000 pounds in taxes, and Squidward pays happily." Why? Because the remaining 80,000 pounds is now officially legal, he can deposit it in the bank, he can buy his sports car. The government doesn't see a criminal, it just sees a very successful pizza maker. That's one way criminals launder dirty money, follow Squidward's vault to learn more.