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They aren't getting enough €50 or $100 notes to be a real logistical problem. You can put 10k in your pocket, and count it in a minute or two.
by dmurray 7y ago
They aren't getting enough €50 or $100 notes to be a real logistical problem. You can put 10k in your pocket, and count it in a minute or two.
- Scoundreller 7y agoIf you have large piles of money to launder, one way is to build a rental property and pay all the materials/contractors in cash. But now harder to do that with 5x the bills. Or suddenly stuck with 500s that nobody wants to take.
- throwawaycanada 7y agoWait... how do you explain the appearance of the building with no expenses shown except "from cash"?
- smokeyfish 7y agoThere are expenses, they're just not the right expenses.
- Scoundreller 7y agoAt least in Canada, the city cares about building permits, but doesn’t do any checking on how the building/construction was paid for. Banks don’t really question rent cheque’s coming in every month, or a large bank transfer coming from your lawyer for the sale of property.