4 ms·

There's a certain point between $5M and 4B where I wold just get out of dodge and buy a new identity.

nguyenkien 3y ago
She did try to renounce nationality
djtango 3y ago
5M (truthfully its probably a lot less) is about the number where it gets hard to participate with the rest of the world without leaving behind a easy to follow trail. Buying a house needs a bank account and other things and then someone in the chain eventually asks "where did you get this money?" and unless your answer is "I have owned these sweet shops in central London and empty takeaway restaurants for decades and they unfortunately only deal in cash" then someone will catch you.
- hinkley 3y ago
  Run a bar for a few years.
  - lostlogin 3y ago
    That’s where I got my first 4 billion too!
    - hinkley 3y ago
      My head cannon is that Cristal exists only for money laundering.
- tim333 3y ago
  Many are the ways of money laundering. $5m is small change. A popular thing for Vietnamese is just sell some property unofficially offshore. Russians buy houses in Cyprus. A lot of high end houses in London are owned by iffy money.
- nicolas_t 3y ago
  Once you reach a certain amount, there are plenty of advisers and ways to launder money. There’s more than a few wealthy former corrupt officials having a nice comfortable life in countries in south america or countries like Malta, cyprus etc… It’s harder if you don’t have much money (used to be relatively easy with a low amount of money but the oecd has been very efficient at tightening things for people with less than a few millions)
- stormfather 3y ago
  If you treated it like a full time for a year I'm sure you could clean the money though. Especially if you want to retire to a less developed country. Just open a low cost of entry business that accepts cash, and scale up from there.
m000 3y ago
You need to stave off greed and the feeling of invincibility to get there. Which she obviously failed.

She did try to renounce nationality

5M (truthfully its probably a lot less) is about the number where it gets hard to participate with the rest of the world without leaving behind a easy to follow trail. Buying a house needs a bank account and other things and then someone in the chain eventually asks "where did you get this money?" and unless your answer is "I have owned these sweet shops in central London and empty takeaway restaurants for decades and they unfortunately only deal in cash" then someone will catch you.

hinkley 3y ago
Run a bar for a few years.
- lostlogin 3y ago
  That’s where I got my first 4 billion too!
  - hinkley 3y ago
    My head cannon is that Cristal exists only for money laundering.
tim333 3y ago
Many are the ways of money laundering. $5m is small change. A popular thing for Vietnamese is just sell some property unofficially offshore. Russians buy houses in Cyprus. A lot of high end houses in London are owned by iffy money.
nicolas_t 3y ago
Once you reach a certain amount, there are plenty of advisers and ways to launder money. There’s more than a few wealthy former corrupt officials having a nice comfortable life in countries in south america or countries like Malta, cyprus etc… It’s harder if you don’t have much money (used to be relatively easy with a low amount of money but the oecd has been very efficient at tightening things for people with less than a few millions)
stormfather 3y ago
If you treated it like a full time for a year I'm sure you could clean the money though. Especially if you want to retire to a less developed country. Just open a low cost of entry business that accepts cash, and scale up from there.

m000 3y ago

You need to stave off greed and the feeling of invincibility to get there. Which she obviously failed.