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Here's a scenario in which one would want to launder money:
I've just robbed a bank. I took $10,000. But that $10,000 can't just appear in my bank account, can it? It wouldn't make any sense, and the police would find out I'd robbed the bank. So, I launder the money. I give it to my rich grandpa, and grandpa gives it to me as a "Christmas present." Now I have the money, and the way I got it makes sense, so the police suspect nothing. And that is why people launder money.
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∙ 11y ago
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Why do people launder money?
Source of money, if illegal, requires laundering. Hence the source of money is the cause for money laundering.To disguise the link between a crime and its proceeds
How do you transfer money from someone elses credit card?
You don't, because that would be illegal.
What is the difference between creditor and debtor?
A creditor is someone YOU OWE money to. A debtor is someone who OWES YOU money.
What is the meaning of debt?
Debt is a state of owing something (in this category the "something" would be money) to someone.
Can you cash a money order already made out to someone else?
Yes. A money order made out to someone else and cashed by another would be considered a 'third party money order'. A 'third party money order' is a money order that is written to one person and endorsed to another, or cashed by someone other than who the money order is written to. It is possible to cash a money order made out to someone else, however, most companies do not like to cash money orders or checks such as these.
Is launder a verb?
Yes, "launder" can be a verb that means to wash or clean clothes or money illegally.
Where can you launder money?
From a book you cut open to a bank overseas.
How can money laundering be controlled in the Tri Border area?
Place government agents at ALL laundromats. Lets see them launder their money then..
Why do people launder money?
Source of money, if illegal, requires laundering. Hence the source of money is the cause for money laundering.To disguise the link between a crime and its proceeds
When was Simon Launder born?
Simon Launder was born in 1978.
Is Sue-E Furniture A legit business?
Can't tell you about the company itself but I applied for a position on craigs list and it seemed very shady, think it might someone posing to work for the company attempting to launder money. I backed out immediately.
Why have the 500 euro banknotes been withdrawn from circulation?
Because they were being used by criminal gangs to launder large sums of money.
When did Frank Launder die?
Frank Launder died on February 23, 1997, in Monte Carlo, Monaco.
What is someone who hoards for money?
That would be a miser.
What has the author Chris Launder written?
Chris Launder has written: 'A comparative evaluation of electronic journal aggregators' services'
When was Frank Launder born?
Frank Launder was born on January 28, 1906, in Hitchin, Hertfordshire, England, UK.
Where do you find the dirty bra for Mafia Wars on Facebook?
You have to look for money laundering links in your live feed. once you see one, click it. the popup says launder money or quit. if You click quit, you will be able to launder money 5 times before the feds are after you about every 3 times you click a money laundering link from your live feed you get a money laundering item the bra is not especially seldom so after a few days you should've gotten it So.. to get the bra as fast as possible, just keep an eye on your live feed and click all the money laundering links. but remember to click quit on all of them (except the fifth, where the fed will get after you no matter what, so why not launder some money anyway) when the fed are after you, you'll have to wait approx. 24 hrs to start over again
