3 ms·

I would guess that if you are laundering money, launderer would happily spend extra money on safety and other issues to prevent getting too much attention. Here

I would guess that if you are laundering money, launderer would happily spend extra money on safety and other issues to prevent getting too much attention. Here the case sounds like if the laundering oligarch hadn't been stingy on those things he wouldn't have gotten caught.

dazc 5y ago
Maybe this is happening already and we don't know because some other oligarch is not being stingy? Welcome to London.
- vmception 5y ago
  of course it is happening people think “money laundering” is hard or impossible and will point to articles like this one as “see they got caught” it is completely unfalsifiable when the reality is that money is fungible and it is a complete waste of resources to try to enforce a whitelist it isn't necessary to have no evidence of the money, but that is also possible too but wasnt necessary here or in most areas of reintegration the whole economy has practically no separation from licit and illicit sources and they routinely traverse back and forth
  - intricatedetail 5y ago
    That's why central banks start working on crypto and China even plans to introduce money with expiry date.
  - aspaceman 5y ago
    Money laundering is my favorite curiosity. The amount of resources needed to keep control of something like that would be astronomical. Might happen eventually if governments move to centralized digital currencies though. I think it’s a crime that attracts folks of all kinds. It’s a good business, you don’t “hurt” anyone besides the government, very quiet, sex, money, etc. The bad shit is where the money comes from.
extropy 5y ago
Or the money was spent in buying the factory and what happens after is just extraction. Speculation being that investments in economy are perceived as a very good thing and the origin of the money is not checked that tightly.

3 ms·

I would guess that if you are laundering money, launderer would happily spend extra money on safety and other issues to prevent getting too much attention. Here

by pinkybanana 5y ago

dazc 5y ago
Maybe this is happening already and we don't know because some other oligarch is not being stingy? Welcome to London.
- vmception 5y ago
  of course it is happening people think “money laundering” is hard or impossible and will point to articles like this one as “see they got caught” it is completely unfalsifiable when the reality is that money is fungible and it is a complete waste of resources to try to enforce a whitelist it isn't necessary to have no evidence of the money, but that is also possible too but wasnt necessary here or in most areas of reintegration the whole economy has practically no separation from licit and illicit sources and they routinely traverse back and forth
  - intricatedetail 5y ago
    That's why central banks start working on crypto and China even plans to introduce money with expiry date.
  - aspaceman 5y ago
    Money laundering is my favorite curiosity. The amount of resources needed to keep control of something like that would be astronomical. Might happen eventually if governments move to centralized digital currencies though. I think it’s a crime that attracts folks of all kinds. It’s a good business, you don’t “hurt” anyone besides the government, very quiet, sex, money, etc. The bad shit is where the money comes from.
extropy 5y ago
Or the money was spent in buying the factory and what happens after is just extraction. Speculation being that investments in economy are perceived as a very good thing and the origin of the money is not checked that tightly.