Global Feed Post Login
Replying to Avatar curt finch

how to launder money:

1. sell your sack of severed heads for $500,000 cash.

2. deposit into bank as fast as they'll let you

3. wait 3 months

4. buy $1million house with half debt. lender will ask "source of funds"?

4a. answer "savings"

5. they'll ask for two months bank statements, which you have, showing it's just been sitting around

6. wait a bit

7. sell house. exterminate debt.

8. your 500k is clean

banks launder money by design through real estate lending

Avatar
SWE BTC 1y ago

In Sweden, you are only allowed to deposit $1500/month so it will take 28 years to deposit.

Reply to this note

Please Login to reply.

Discussion

Avatar
curt finch 1y ago

wow that is pretty f***** up

I guess you could get a whole bunch of banks maybe?

Thread collapsed