If a genie gave you ten million dollars (US) and then returned five years later to see how you were doing......
how much money would you have when he returned ??
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BrewCityBarfly · M
Assuming I received this in cash, I'd need to rent a storage garage to keep it. I'd also need some kind of business in order to properly launder the money. Spending an inordinate amount of cash for things like cars, etc. is only going to raise suspicions. A dive bar is perfect for laundering money as a lot of patrons pay cash.
LordShadowfire · 46-50, M
@BrewCityBarfly Ironically enough, another great place to launder money is a laundromat.
MayorOfCrushtown · M
@LordShadowfire my dad owned a laundromat for several years. It’s a great business to own. 😃. He was great at working on machines so he didn’t lose a lot of money hiring other people to do it. That laundromat was a bear to clean though. LOL.
LordShadowfire · 46-50, M
@MayorOfCrushtown I'm sure it was. But it's a great way to launder money, because it's cash only. Coin, in fact. Nobody ever suspects coin.
BrewCityBarfly · M
@LordShadowfire That makes sense. As I think about it, if some fed wanted to get nosy about the bar, they could compare receipts against expenditures and become suspicious of volume differences. Bars are a fairly regulated business, whereas a laundromat maybe not so much.
LordShadowfire · 46-50, M
@BrewCityBarfly Exactly. All you have to do is have someone bring in some dirty twenties, run them through the change machine, and wash their clothes. Literally lather, rinse, repeat.
BrewCityBarfly · M
@LordShadowfire The issue is the volume. You'd need to run $3K through a day to break $1M a year. Don't get me wrong, I'd take it, just thinking it might garner suspicion. Just not willing to start enlisting friends or fam to start shell companies, someone either rats or someone figures out the scam. I worked for a place where a dude was stealing from the company. He had people sending in false invoices. Didn't end well.