cash smugglers

What Businesses Are Used To Launder Money?

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What Businesses Are Used To Launder Money? Beer adds that pretty much any cash-intensive business can be used to launder money — laundromats, used car dealerships, taxi services — but restaurants tend to crop up again and again in money laundering cases. What can be used for money laundering? Structuring. Also called smurfing, it is

Is Art Used For Money Laundering?

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Is Art Used For Money Laundering? Belciano used the art to launder some of his drug cash, purchasing the works from an established gallery near Philadelphia’s Museum Row. … In January, Congress extended federal anti-money laundering regulations, designed to govern the banking industry, to antiquities dealers. What can be used in money laundering? Money laundering