Money Laundering Story Time: - In the early 1970s, my father (Italian immigrant to the US) was coach / manager of a semi-pro soccer team in Massachusetts. - H

Money Laundering Story Time: - In the early 1970s, my father (Italian immigrant to the US) was coach / manager of a semi-pro soccer team in Massachusetts. - His team had a game in Worcester, Mass and one of his players introduced my father to a "friend" who was actually part of the New England Mafia. - After some polite conversation, mafia-guy says, "I could pay for your team's uniforms, pay your league dues. I could even give your players a little travel money for games ..." - My father says, "what do we have to do...?" - Mafia guy says, "We'd like you to apply to the State of Massachusetts and declare your team to be a non-profit organization. Once you're a non-profit, Massachusetts will allow you to run a 'las vegas gambling night' fundraiser twice per year. I would run those fundraisers for you." - My father didn't exactly understand the scam, but he politely declined and that was that. In retrospect, it was pretty obvious that the guy wanted to launder money through the soccer team and the Las Vegas Night fundraiser was the 'vehicle' to cleanse the dirty money.