You are hiking in the woods and discover $8 million cash, how would you wash it

[Cat piss martini]

take a few born loser loans from
a bank and throw up high end condos
and lofts......give the bank the million on the
7 and kick my feet up.

 

[LuuqMaan]

Isn’t 8 mill physically heavy?

My first problem is moving that bag without getting noticed. My guy Saul Goodman struggled with 7 mill

I’m sitting on that money for a while, I case I get a knock on the door

 

[GPBear]

crypto and nft's like all the other money launderers

it's what the art market is for

 

[Swirv]

Secured credit cards

 

[feelosofer]

It is extremely difficult to wash that money without being caught. Best bet would to hang on to it and spend it little by little.

Also weight is an issue. Even if the money is in 100 dollar bills it weighs about 175 lbs.

 

[Denzel_Saucegton]

Buy a small church and use the "tithe" money as donations.

 

[Fillerguy]

You don't. Trying to wash money without an already established business that's capable of washing money is extremely risky. You can't just don't drop money on a new business out of no where and banks ain't giving money to some rando making 40k a year. You need collateral at best to avoid suspicion.

Open up an insurance policy, pay the prem for a few years, then build a healthy credit history by using the policy as collateral. In the meanwhile, use that money on any and all liquid purchases. Never touch you salary money....yes, keep your job...any job. Evetually you will build up enough of a credit history to get a business loan. Then you wash the money. This should be a 10 year plan.

 

[downtheline]

 

[jadillac]

What about buying property in another country?

 

[Claudex]

You don't. Trying to wash money without an already established business that's capable of washing money is extremely risky. You can't just don't drop money on a new business out of no where and banks ain't giving money to some rando making 40k a year. You need collateral at best to avoid suspicion.

Open up an insurance policy, pay the prem for a few years, then build a healthy credit history by using the policy as collateral. In the meanwhile, use that money on any and all liquid purchases. Never touch you salary money....yes, keep your job...any job. Evetually you will build up enough of a credit history to get a business loan. Then you wash the money. This should be a 10 year plan.

And that's the trail

 

[Him]

Buy land, condos, etc

 

[Givethanks]

Are there any TV shows where this happens, to a regular regular guy?

No country for old men was fire

 

[Fillerguy]

And that's the trail

The average auditor will dig if your case comes up but the extremely unlikely. We don't get flagged on income spending irregularities, especially if we file our taxes every day. My brother used to work for a IRS. The average citizen isn't pressed like that.

Set up auto pay on most of your bills. Use cash on most everything else. If they don't accept cash, don't buy it until your credit is A1...we should be doing this anyway.

 

[CreepyMcCreeperson]

Somebody is looking for that money.

 

[Claudex]

The average auditor will dig if your case comes up but the extremely unlikely. We don't get flagged on income spending irregularities, especially if we file our taxes every day. My brother used to work for a IRS. The average citizen isn't pressed like that.

Set up auto pay on most of your bills. Use cash on most everything else. If they don't accept cash, don't buy it until your credit is A1...we should be doing this anyway.

I feel you