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What happens when you limit the amount that can be made in a singular cash transaction, is that you then severely limit what businesses that you can use to laun
by Teandw 4y ago
What happens when you limit the amount that can be made in a singular cash transaction, is that you then severely limit what businesses that you can use to launder it through.
If you can pay $100k in cash for a gold bar, it only takes 20 transactions to launder $2 mill. That's not all that suspicious.
With this new limit, you've now turned that into 200 transactions needed. Now the business stands out more because they tend to use business averages/data to spot things.