Money Laundering

[Canary42]

I found this interesting, you may too ? (If you don’t, just ignore it).

It’s a 3½ minute animation of how money laundering worked in one specific case, illustrating the sort of processes involved.


https://www.bbc.co.uk/news/av/stories-50123587/how-money-laundering-works

[albaqwerty]

I've tried to watch it twice, but I must apologise that I lost it at the same point - transporting gold is less suspicious -
of course it is.

I'll watch it all properly shortly :-) xx

[Canary42]

Yes alba, I did wonder at that. Obviously I move in the wrong circles :-D

[TonyV]

canary42 looked interesting but Adobe didn't want to play.

[Canary42]

The full programme is on BBC's iplayer (link below, if it works) but I don't think I could concentrate for 29 minutes :-(

https://www.bbc.co.uk/programmes/m000b8b6

[maggiebee]

Interesting. Followed it up until the money was used to buy gold. Got that, but what did the gold seller then do with the money? Was it "clean" by this stage? I'm easily confused by a commodity I never have much of!

[albaqwerty]

good point Maggie.
The gold seller has a lot of dirty cash in exchange for his dodgy gold.
Dodgy gold goes to Dubai where it is bought for cash which is then taken to the money exchanges.

Much easier to have put it through my washing machine :-)))

[maggiebee]

Ah well, not a problem I'll ever have alba.

[Peter Pedant]

watch - the ozarks
they do it better