Similar things have been done before: http://www.npr.org/blogs/money/2012/11/20/165590860/episode-418-how-the-government-set-up-a-fake-bank-to-launder-drug-mone

Similar things have been done before: http://www.npr.org/blogs/money/2012/11/20/165590860/episode-418-how-the-government-set-up-a-fake-bank-to-launder-drug-money http://www.npr.org/blogs/money/2012/11/20/165590860/episode-... But there are risks involved, particularly when you're taking something over versus starting it yourself.