launderers

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

What Are Some Examples Of Money Laundering?

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What Are Some Examples Of Money Laundering? Examples of Money Laundering. There are several common types of money laundering, including casino schemes, cash business schemes, smurfing schemes, and foreign investment/round-tripping schemes. A complete money laundering operation will often involve several of them as the money is moved around to avoid detection. What is the most