Thursday, September 29, 2011
Explanation on Money Laundering. Using bubble gum.
Imagine you went to the store with your friends and stole a bunch of bubble gum. If your parents find out that you have been stealing they will be very mad because they taught you that stealing is bad. You want to eat all your bubble gum but you don't want your parents to ask questions about where they came from.
So you start telling your friends joke and tell them that if they give you bubble gum then you will tell them a joke . Then when your parents ask you where you got the bubble gum from, you can just say you told your friends a joke and they gave you it. Your parents don't know how many jokes you told that day at school. So you could of told 3 jokes, but came home with 10 bubble gum, they wouldn't know you stole the other 7 pieces of gum.
For a more deep explanation on money laundering check out Money Laundering: A Guide for Criminal Investigators, Second Edition.