How would u launder 10 millions in dirty money

[lotteryplaya]

Los Angeles is full of fake businesses for this. You got tobacco shops, magic trick stores, massage shops, etc at every intersection and rarely see a soul walk into them. Lease rates over 10k a month....aint selling shyt. Armenians, Russians, Mexicans, Persians washing millions outchea

A magic trick store turning a ten million dollar profitthey better have real love potions,invisibility cloaks, crystal balls and truth serums.

If he gets the irs agent to believe that he must be the goat hypnotist

 

[Idaeo]

They really not man some of y'all are ridiculous. LA full of fake business wtf maybe if it was something that couldn't be traced but a corner store my nikka do you know the clearances you have to go thru to get a store regardless of its in LA. There are so many municipality fees, you have to have a retail license issued the state you are selling in, License Renewal Fees and usage fees, like there are so many background checks you gotta go thru bruh you don't know shyt mane. Ain't no body washing millions thru the Shell gas station on olympic blvd n grand ave

Investigators Raise Tally to $140 Million in Fashion District Cartel Money-Laundering Scheme


After 1,000 federal and state agents fanned out across the Los Angeles Fashion District last fall to crack down on a long-running money-laundering scheme benefiting two drug cartels in Mexico, the total amount of cash and property seized has inched up to $140 million.

Most of that—$90 million—was in cash, but another $37.5 million was found in bank accounts in the United States and as far away as Hong Kong. Property and merchandise seizures rounded up the count to nearly $140 million, said Thom Mrozek, spokesman for the U.S. Attorney’s office in Los Angeles, which is prosecuting a number of the money-laundering cases in U.S. District Court.

Raids on Sept. 10 on 75 fashion and textile businesses unveiled the culmination of a drawn-out federal investigation into people dropping off bags of cash to Los Angeles clothing and textile companies who then took the money, paid for garments and shipped them to Mexico, where they were sold in stores for pesos. Those pesos eventually made their way to the Sinaloa and Knights Templar drug cartels, which were selling drugs in the United States but had a hard time getting their dollars discretely out of the United States and back into Mexico. This system of converting dollars into pesos is called trade-based money laundering.

Initially, the raid was believed to have netted $70 million in cash, which included $35 million found in boxes in a condo on the south edge of downtown Los Angeles and $10 million in cash stuffed in duffel bags discovered at a Bel-Air mansion.

While 10 people have been indicted for money laundering, Mrozek said there are more investigations into businesses suspected of money laundering in the Fashion District. “There may be future arrests, and there are ongoing investigations into businesses down there,” Mrozek said.

Feds: L.A. 'the epicenter' of cartel money laundering - CNN.com



you must not have ever visited a dispensary in the valley.

 

[25YOUTHS!!]

Lowkey a record label might work.
I mean think about it, all you need is a good accountant and a shytty ass artist that "happens to have hype and do mad shows and sells merchandise". You can easily clear millions each year under the radar and even finesse some tax write-offs.

Start a few fake GoFundMe accounts and donate to myself anonymously. Not the whole 10 milly tho, that's to much for GFM. I'd donate a few 100k to myself and use that to buy up some high dollar rental properties....that will interestingly enough always be rented out. Maybe start a tech company thru Kickstarter...AngelList...

Now that i'm saying it out loud, online donating might be the new age technological GOAT way to launder money...i'd have to research all the options, and see how i could get most of the 10 milly thru without it not looking suspect...there are alot of online donations sites for various platforms. :thinking:

There's a limit to how much you can donate breh (currently 50K) and I'm sure past a certain limit there's tax forms involved. The point of laundering is to obscure the original source of the $ right?
Laundering it strictly electronically instead of thru a physical commodity/service might be harder in general.

 

[Egomaniacal1]

Lowkey a record label might work.
I mean think about it, all you need is a good accountant and a shytty ass artist that "happens to have hype and do mad shows and sells merchandise". You can easily clear millions each year under the radar and even finesse some tax write-offs.





There's a limit to how much you can donate breh (currently 50K) and I'm sure past a certain limit there's tax forms involved. The point of laundering is to obscure the original source of the $ right?
Laundering it strictly electronically instead of thru a physical commodity/service might be harder in general.

I admit i don't know much about online donations but it seems to me that a lil ip spoofing + however many fake anonymous donor accounts.......ok you know what now that i've rethought this, fukk alladat. Let's not reinvent the wheel brehs. I'm sure if i was a super smart computer nerd i could come up with an easy way to make that money clean electronically but since i'm not i'd stick with my idea of buying rental property and using that money to flip up into even more rentals and so forth and so on...kind of what i'm already doing anyway shyt would just be accelerated.

The hardest part about laundering money is that you're starting out with cash and it really ain't no super easy way to move large amounts without being looked at...also very few businesses that you can legit claim cash is the predominant type of currency. Maybe strip club is the best business for this.

 

[Wise]

Carwash, gas station, pawn shop etc. Anything that's a heavily cash business.
Shiii open a used car lot and towing business. Buy cars cash, sell em for a good deal, and inflate the transaction amounts on both ends, plus "towing and fixing it up." Easily clear half that a year.
10 mil really isn't a ridiculous amount to launder tho. Just open a shytty business and siphon it thru there over a number of years. Reduces the tax burden that way too

car washes
small restaurants
buy land in cash
buy small houses in cash
at least 5 bank accounts that get a deposit averaging $200 a week AFTER opening each with a lump sum of $1000
at least 5 brokerage accounts that get a deposit of $200 a week AFTER opening each with a lump sum of $1000
find some SMALL businesses that sell a good product or are managed well (black female that made a dope hair care product or some shyt) and invest in it with her/him.

Thats just the start

But in order to buy those business, you're gonna have to buy it with cash, that's already a red flag, no?

 

[GreenGhxst]

get a friend with a legit career to open a couple businesses and pay him 400 dollars on top of the mortgage every month and wash my money through that bih

 

[Wise]

mill is a fukk load of money

It's a good thing my art career about to take off

I'ma go to kinkos n get a couple poster sized prints of my favorite @DrX pieces

I know some brehs in the gallery game ima get them up on the walls

Gallery director gonna shyt herself when someone who looks very similar to me except w a mustache n wig comes in and wants to buy one of em for five hunnert racks

In cash too

From there its gravy you've established yourself in the unlicensed unregistered unregulated art world

And since I stole his work Dr X can clean the toilets on my yacht

Spoiler

just kidding X I love you breh

[/QUOTE]

I always wondered about the gallery game. Is it really popping like that?

 

[morris]

@Feds , I'd like to make an anonymous tip

it's OK. They are the ones that have shown us which ones are fine and which ones you get busted for with MAX years. all public record

They have political connections, of course they can.

Ding, dign, ding! We have a winner! See, if you have the power with those who WRITE the power, then you will be fine. Just fine.

Lowkey a record label might work.
I mean think about it, all you need is a good accountant and a shytty ass artist that "happens to have hype and do mad shows and sells merchandise". You can easily clear millions each year under the radar and even finesse some tax write-offs.

There's a limit to how much you can donate breh (currently 50K) and I'm sure past a certain limit there's tax forms involved. The point of laundering is to obscure the original source of the $ right?
Laundering it strictly electronically instead of thru a physical commodity/service might be harder in general.

I think history has shown that damn near ALL successful owners in ENTERTAINMENT were fronted by "wash" money, from Def Jam to Death Row Records to the dude in my avi --> Birdland and Strawberries owner

 

[DonRe]

Stocks and bonds, small businesses under some-else's
Name of course, real estate(bunch of Colombians be buying cribs in DR and it stay vacant for yrs), non profit,

that politician route that was mentioned before is rather interesting and very intelligent method also.

 

[SeveroDrgnfli]

I wouldn't. I'd pay off government officials to stay out my business.

 

[Family Man]

But in order to buy those business, you're gonna have to buy it with cash, that's already a red flag, no?

Have good credit and get a business loan? Get some legit partners and front men and give them a cut?

 

[Trajan]

Contrary to Coli posts $10m IS a lot of money to launder. How many businesses have the kind of revenue where a sudden influx of $10m wouldn't raise eyebrows?


Holla at your local Jewish diamond dealer/jeweller.

They always getting caught up after laundering for years. Just the other day:

Jailed: Diamond dealers suspected of laundering £53 million to crime gangs

A couple of diamond dealers suspected of laundering more than £50 million for organised crime gangs have been jailed.

Danny Koort, 52, and Jeanette Rosen, 48, of East Finchley, ran a legitimate diamond dealing business but used it as cover to clean the money, the Old Bailey heard.

Diaries revealed the pair used code names, including Champagne, Cristal and Caviar, to refer to customers while notes disclosed at least £20 million was laundered between April and November in 2014.

In total the couple are thought to have laundered up to £53 million for gangs in under two years. Koort was jailed for 11 years and Rosen for 10 after the pair were convicted for money laundering.

Andrew Russell, 54, an accomplice to the pair was also convicted of money laundering and jailed for four years.

He was arrested in July 2014 with £198,000 cash in a holdall in his car after he was kept under surveillance at a meeting at an Essex hotel where he collected a large bag

Later that day officers photographed Russell and Rosen meeting in a street but Russell did not transfer the money to her.

Rosen was eventually arrested in November 2014 when she was carrying just short of £170,000 in a bag in a central London street. Police searched her office where they found 235,215 Euros and £17,165 in cash.

The officers also searched her black Mercedes and discovered 10 pay-as-you-go mobile phones – nine with code names written on.

National Crime Agency senior investigating officer Tony Luhman said: “Koort and Rosen had enormous sums of money going through their books and were clearly doing a lot of business with many organised crime groups.

shyt is hard. That's why money launderers are in high demand in the underworld.

 

[Darealtwo1]

Investigators Raise Tally to $140 Million in Fashion District Cartel Money-Laundering Scheme


After 1,000 federal and state agents fanned out across the Los Angeles Fashion District last fall to crack down on a long-running money-laundering scheme benefiting two drug cartels in Mexico, the total amount of cash and property seized has inched up to $140 million.

Most of that—$90 million—was in cash, but another $37.5 million was found in bank accounts in the United States and as far away as Hong Kong. Property and merchandise seizures rounded up the count to nearly $140 million, said Thom Mrozek, spokesman for the U.S. Attorney’s office in Los Angeles, which is prosecuting a number of the money-laundering cases in U.S. District Court.

Raids on Sept. 10 on 75 fashion and textile businesses unveiled the culmination of a drawn-out federal investigation into people dropping off bags of cash to Los Angeles clothing and textile companies who then took the money, paid for garments and shipped them to Mexico, where they were sold in stores for pesos. Those pesos eventually made their way to the Sinaloa and Knights Templar drug cartels, which were selling drugs in the United States but had a hard time getting their dollars discretely out of the United States and back into Mexico. This system of converting dollars into pesos is called trade-based money laundering.

Initially, the raid was believed to have netted $70 million in cash, which included $35 million found in boxes in a condo on the south edge of downtown Los Angeles and $10 million in cash stuffed in duffel bags discovered at a Bel-Air mansion.

While 10 people have been indicted for money laundering, Mrozek said there are more investigations into businesses suspected of money laundering in the Fashion District. “There may be future arrests, and there are ongoing investigations into businesses down there,” Mrozek said.

Feds: L.A. 'the epicenter' of cartel money laundering - CNN.com



you must not have ever visited a dispensary in the valley.

That has nothing to do with what I posted did you even read bruh ain't nobody washing 50M thru the shell gastion my nikka....no amount to 1 dollar game leaf rellos you gonna buy is going to amount to 50M. They ain't enough rellos in the world. You have to report your earnings my nikka

 

[A1aaa]

well, officer, i'd prob find a way to get it all out of the country, renounce citizenship and move to a place that doesn't have an extradition treaty with the states, like ethiopia or botswana.

 

[Bolzmark]

Montana Realty Company.