4 ms·
Maybe not money laundering but often there are organized groups of dealers who combine to pump up a specific artist, and dump their inventory. Buy up works. E
by JJMcJ 3y ago
Maybe not money laundering but often there are organized groups of dealers who combine to pump up a specific artist, and dump their inventory.
Buy up works. Easier if the artist is not alive.
Start placing articles, puff pieces on the artist.
Interest increases, prices rise, sell off inventory.
When inventory gone, end the PR blitz.
- JJMcJ 3y agoOn the other hand: Paying too much for something is a known money laundering technique. Example, pay a "web shop" in a tax haven country for a web site redesign. Who's to say what "should have" been paid.