121–130 of 238 posts
I guess I don't really understand it. I understand how a bank robbery leads to dirty money - the bank has the serial numbers. In what way is money from selling drugs "dirty"? Why does it even need laundering?
> One of these [recommendations is] a change in the legal attitude to drugs [...] with the significant weakness that it is very unlikely to happen in a reasonable time frame
I guess I don't really understand it. I understand how a bank robbery leads to dirty money - the bank has the serial numbers. In what way is money from selling drugs "dirty"? Why does it even need laundering?
Dirty means it comes from illegal activities. You need to create a plausible clean source of the money before you can safely spend it.
I guess I don't really understand it. I understand how a bank robbery leads to dirty money - the bank has the serial numbers. In what way is money from selling drugs "dirty"? Why does it even need laundering?
Earlier quoted context omitted.
Dirty means it comes from illegal activities. You need to create a plausible clean source of the money before you can safely spend it.
Then I don't understand how the money from the sale of the agricultural equipment is "clean". Surely someone can think to ask: "where did you get the money to buy all that agricultural equipment?"
Earlier quoted context omitted.
Dirty means it comes from illegal activities. You need to create a plausible clean source of the money before you can safely spend it.
Then I don't understand how the money from the sale of the agricultural equipment is "clean". Surely someone can think to ask: "where did you get the money to buy all that agricultural equipment?"
usually loans from banks. Farmers tend to have a lot of debt.
I guess I don't really understand it. I understand how a bank robbery leads to dirty money - the bank has the serial numbers. In what way is money from selling drugs "dirty"? Why does it even need laundering?
Dirty means it comes from illegal activities. You need to create a plausible clean source of the money before you can safely spend it.
The true crime is involving a multinational corporation in a transaction between two private individuals at the local market. I like cash because it's direct, and where possible I avoid paying by card because I don't want the merchant to pay fees to third parties. In Europe, most of the time, using cash doesn't imply avoiding taxes on the transaction, but having cash is essentially sovereignty .
I use a credit card that I pay off in full every month and I get 2% cash back paid for by interest other users pay.
Earlier quoted context omitted.
I use a credit card that I pay off in full every month and I get 2% cash back paid for by interest other users pay.
Don't you pay 3% of every purchase to your credit card?
I guess I don't really understand it. I understand how a bank robbery leads to dirty money - the bank has the serial numbers. In what way is money from selling drugs "dirty"? Why does it even need laundering?
As the other commenter said, "Ozark" is a really good show about this.