Washing a drug cartel's dollars used to cost about fifteen cents on every one of them. Today it can cost a single cent, and the people doing it are making more money than ever. One American bank let eighteen point three trillion dollars move through it without checking, and its staff were paid in gift cards.
This is how money laundering actually works, and why the cheapest launderer in the world does not make his money from criminals at all.
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0:00 The Price
2:21 The Problem
3:55 The Front
5:04 The Tax
5:47 The Myth
6:09 The Ceiling
7:06 The Report
7:34 The Smurfs
9:06 The Fee
10:39 The Mirror
13:00 The Supplier
14:19 The Bank
15:59 The Cap
16:46 The Branch
17:43 The Tower
18:40 The Casino
19:54 The Chain
21:08 The Catch
23:05 The Verdict
#Money #Business #HowToMakeMoney #Finance #Economy #MoneyLaundering #Crime #Banks #Cartels #Wealth #Economics #HowItWorks #Explained #Educational #MakeMoney #Investing #TrueCrime #Documentary #Fraud #Compliance
Washing a drug cartel's dollars used to cost about fifteen cents on every one of them. Today it can cost a single cent, and the people doing it are making more money than ever. One American bank let eighteen point three trillion dollars move through it without checking, and its staff were paid in gift cards.
This is how money laundering actually works, and why the cheapest launderer in the world does not make his money from criminals at all.
Starting your own channel? Join the free community:
Discord: Discord: discord
Everything else: https://linktr.ee/tonytalksbusiness
0:00 The Price
2:21 The Problem
3:55 The Front
5:04 The Tax
5:47 The Myth
6:09 The Ceiling
7:06 The Report
7:34 The Smurfs
9:06 The Fee
10:39 The Mirror
13:00 The Supplier
14:19 The Bank
15:59 The Cap
16:46 The Branch
17:43 The Tower
18:40 The Casino
19:54 The Chain
21:08 The Catch
23:05 The Verdict
#Money #Business #HowToMakeMoney #Finance #Economy #MoneyLaundering #Crime #Banks #Cartels #Wealth #Economics #HowItWorks #Explained #Educational #MakeMoney #Investing #TrueCrime #Documentary #Fraud #Compliance
It was tried in a danish movie 50 years ago.
It ended up looking like "nullermaend" (a danish word for house dust).