How do people stay low key by dealing big time and a part time job?

seems like it'd b e sketch, but what do i know.


Comments


[9 Points] None:

[deleted]


[9 Points] Theeconomist1:

I'm not too familiar in the ways of money laundering but unless you are talking about huge volumes of cash, I'd keep cash or cash equivalents in its physical form, spend it here and there, nothing extravagant. Use your job to pay your bills and the rest for fun. Could just keep cash in a safe. If the amount of cash is too much for that, buy precious metals anonymously which is easy as long as you don't do over $10K in a transaction. They don't report it and gold is physically small for the value it represents. Keep and hold. Prob. keep some in bitcoin as well.

Now this is not even a thought out idea so its not fully baked whatsoever, but I wondered if you could purchase the service of bots to buy apps. For instance, have an iOS or Google mobile app developed, put it on the store, and if you could have "bots" just buy the app up. Launder the money for 30% fee basically (apple store charges developers 30%). Problem is you'd need a good amount of bots to buy it up so its not coming from like one account. You could have in-app purchases so its not just 99 cents, but maybe each "user", or in this case bot, could make consistent purchases per month. You could have each bot buy say $50/month in in-app purchases. Have a hundred bots and you'd have $5K in clean money, well, $3500 after app store fees. Just a fun idea.


[10 Points] ApricockApecot:

I'd like to hear from people who get massive 500 g quantities MDMA from the German vendors multiple times a month, those fuckers have to be swimming in cash, and that's probably why we'll never hear from them


[9 Points] theCaitiff:

Here, let me give you a low budget laundering scam that'll work for a year or two, clean maybe 100k, and get you audited and scrutinized for the rest of your life...

Casino stubs. File taxes every year and claim it as income from gambling.

Go to a casino, put $535 or so in a penny slot machine, spin once and cash out. It prints a ticket with a barcode. You take the ticket to a teller machine that distributes cash, keep the ticket (clearly marked $534.xx). If you cash out over $600, the IRS expects paperwork from the casino regarding a large win. There has been no "win" here though, just a money in and out. The Casino knows they don't have to report that so they don't, but trying to justify a large cash out with no irs paperwork from the casino side will cause your whole laundering scheme to fall apart entirely, so keep your cash out under reporting limits. Also, vary your "wins" so as not to be obvious that you're just laundering money.

Deposit that cash in the bank, but hang on to that fucking ticket. File it in a cabinet.

Tax time comes around, report it and pay taxes. Surprise, you're getting audited! That's ok though because you have a stack of slips from the casino that show you've got a serious gambling problem.

Try not to actually develop a serious gambling problem though. Also, avoid the players club. Sure, they give you bonuses, but they also collect a nice list of every penny you put in a machine and every slip you take out. That's just a nice fat stack of Exhibit A waiting to happen.

A shoe box full of scratch off lotto tickets is also nice I suppose. Just make sure you have some big winners in the box.

Eventually, your yearly audit will fail because you fucked up or got greedy. Then say hello to club fed for me, you're getting a set of bracelets and a lengthy vacation for money laundering and tax fraud.


[5 Points] logic1414:

I'm no "big time" dealer but i imagine they'd do the same as me and keep most of the money as cash and generally live a modest life.


[3 Points] None:

Tell anyone who asks that you have a sugar daddy?


[3 Points] None:

[deleted]


[3 Points] FestiGear:

This is actually my part time job. I'm actually a pretty heave investment banker in commodity futures.


[1 Points] R4ID:

dealing big time and part time job =/= not the same thing.. big time = full time dealing and no part time job in my books.


[1 Points] None:

launder it through shell company?