>Create bank accounts under fake names with the "illegal" cash. In USA, I don't see how this is "scalable" with the stringent "know your customer"[1] laws. Us

>Create bank accounts under fake names with the "illegal" cash. In USA, I don't see how this is "scalable" with the stringent "know your customer"[1] laws. Using a fake drivers license + fake Social Security Number to open a new bank account with a false name is not trivial. Many banks also require a thumb print for identification. The customer's face is also captured on security cameras as he walked through the bank to open the account. All of that can be cross-checked with the FBI. It seems the preferred method for criminals using banks to wash money is a "shell company" instead of fake personal accounts. E.g. Open a business account for a car washing company or restaurant. But then the criminal has to be careful and make sure his "pattern of deposits" does not raise suspicions. Any unusual banking activity could trigger an investigation for racketeering and money laundering. [1] https://en.wikipedia.org/wiki/Know_your_customer https://en.wikipedia.org/wiki/Know_your_customer