Conspiracy question: Which businesses are most closely associated with money laundering?

8  2017-12-08 by OB1_kenobi

The title is the question. I have a couple of ideas. A quick search on Google using the same terms doesn't turn up much.

So I'm hoping for a few good examples and we'll see if a few certain types of businesses get mentioned more often.

29 comments

Art, easily

Comet ping pong is definitely in the business of laundering money through art

Idk about that, although I believe they are laundering through their pizza business though.

However, the Podestas on the other hand have mass amounts of expensive art, and the Art in the Embassies program allowed them to ship art without strict regulations, which screams laundering.

also screams human trafficking

Pegasus museum or something?

Real estate

Restaurants, bars and strip joints are up there. Also, private waste disposal and recycling businesses. Most alcohol distribution companies have mafia ties.

The Sicilians who came to the United States during the mid-1960'searly 1970's became involved in cash flow businesses, though the great majority worked in pizzerias controlled either by the American LCN or earlier Sicilian Mafia arrivals in the United States. The Pennsylvania Crime Commission did an exhaustive study of the cheese and pizza industry and concluded in 1980 that much of the industry was controlled by "organized crime"

https://www.ncjrs.gov/pdffiles1/Digitization/104362NCJRS.pdf

Ahh yeah olive oil too

Ugh, don't remind me.

Laundromats, wash-and-folds, hourly cleaning services for hire.

Pretty much any cash-based business with minimal overhead and a good accountant could hide the numbers that are "fudgy"

A cooperative bank.

Any business with a high volume of cash sales, for medium and small "players." think like, strip clubs, bars, arcades, laundromats, car washes, etc.

for the big boys (laundering millions of dollars), real estate and art are the primary means.

The banks

This.

Mattress and furniture stores are the best for it if you want it to go unnoticed for a long time

The Secret Service

Banks.

Movies

Art

For low level stuff any business that deals mainly in cash.

two that ive known people to use is antiques and auto detailing shops.

Id have to imagine a new one would be small computer repair shops.

Real estate, high art, casinos

Non chain, typically Asian family run restaurants, laundromats, hair salons, Nail and tanning salons, mattress stores. Also I'd assume stores that don't sell a lot of a stuff, but that sell expensive products. (Mattress stores for example)

Casinos

For the owner to launder money, a restaurant.

For the customer, a casino.

I once received 1700 dollars from the mafia. So I went to a poker room, and paid for 1700 in chips. I sat there for hours and played only pocket aces. Eventually, they counted out the till, did their bookkeeping, took a bunch of cash to their treasury room, and restocked with fresh cash.

When I cashed out, my body there said, "Hey, sorry, but we are out of hundreds. All I've got are these old 20s. Hope that's OK."

I didn't have to tell anyone I was laundering my cash. It was obvious to them from my behaviors. I am not sure if they would've broken out 20s for just anyone, but I was on friendly terms with the staff. I am sure they wouldn't have done anything to prevent anybody else from getting away with it.

Churches

Or charities perhaps?