Foundations of the #MoneyLaundry

Here's a great thread explaining money laundering that starts with selling weed and ends with the Ottoman Empire. Unrolled version.


It's a crime of its own, but money laundering is what makes crime pay. Truly: if we were serious about crime, we'd take most of the cops off the streets and replace them with accountants. Taking down the financial underpinnings of a criminal enterprise is way more effective than busting their entry level contractors. [...]

So YES, this is complex & convoluted. It's how you get away with money laundering. Baffle with bullshit. [...] And because the scale of the fraud is so enormous, journalists are having a problem integrating and explaining how it all connects without sounding like they're ranting about Bilderberg and Bohemian Grove.

Previously, previously.

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3 Responses:

  1. Bill Paul says:

    Well see there's your problem: all this time you've been running a pizza shop when you should have been running a money laundering operation.

    • K3ninho says:

      I'm still stumped that laundering costs 50% -- though it's better than Jamie losing it all and DNA disappearing forever..!


      • tfb says:

        If I launder your money then I know things which can incriminate you and I probably get screwed if you do. This means that I get to charge you a lot for not incriminating you and I also need to take a big cut since it's risky for me, So, 50%, often more.

  • Previously