2 ms·
That's why it's called money laundering. Laundries, along with cabs, bookies and casinos, provided a 100% legit company front that could easily bill for many sm
by orthoxerox 6y ago
That's why it's called money laundering. Laundries, along with cabs, bookies and casinos, provided a 100% legit company front that could easily bill for many small imaginary services that were paid in cash.
However, running a single legit company large enough to launder the proceedings of a large criminal enterprise is impossible these days. A big successful company with sufficient revenue to mask laundering would draw attention to itself just by existing.