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    Laundering money

    If I was a big time drug dealer I would make sure I was paying more then my fair share of tax... Accountant: I've got your tax down to 795k this year ED: Let's just call it a million, send the ATO the return with a cheque for mil.
  2. E

    Laundering money

    Probably would - but wouldn't get rid of serious cash. Say 10k per property - you'd need 100 properties to get rid of 1m of cash. How do you 'legitimately' have 100 properties if you're a meth cook?
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    Laundering money

    I'll put that in my next return... Income: mortgage broking 157k marijuana growing 300k meth broking 603k Total income 1.06m deductions office and running 70k grow lights and power 75k methlamine and phosphorus 100k protection and security 100k Total deductions 350k Assessable...
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    Laundering money

    This thread is not about avoiding tax. It's about laundering money. To clean money you have to pay tax +tip. I'm asking about large Heisenberg laundering. A bakery might turn over, what say $500k? You might be able to launder another, what $500k through the business? Buy the flour and throw...
  5. E

    Laundering money

    I was thinking brothels might be the way to go. I'd imagine they're almost all cash. The whole business is a bit murky - no one wants to say they're an employee or a customer. I guess that's why there's traditionally been a link between sex work and organised crime.
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    Laundering money

    I've been watching 'Better Call Saul' and reflecting back on Breaking Bad... How do you launder serious amounts of money? A relatively small amount of money (say $50-100k?) would be easy-ish to launder. How do you wash and dry the millions that a lot of criminal organisations must be...
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