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 earning? Mostly cash businesses?
- A bakery. Almost all cash, or only accept cash. I'd imagine $500k pa at the most - perhaps bakers delight is owned by the bike gangs. lol.
- A pub/night club. Almost all cash. You might be able to launder a bit more than a bakery. But what? A million, + tip at most?
- Gambling. Not thinking about going to casino and betting cash and getting a cheque back, but owning the gambling establishment. This could be the best way to launder money as the 'owner' of the betting shop. You'd need to own a few.
What ever way I think about it I come to the conclusion that you would need to include a lot people in your laundering operations. That's a lot of risk.
Even Heisenberg had so much cash he couldn't dry clean it.