Money-Laundering Expert Rates 8 Money-Laundering Scams In Movies and TV | How Real Is It? | Insider

You know, when they wrote money-laundering expert, I sincerely thought it was going to be a criminal who was caught for laundering. Didn't expect the FBI here.

"Write what you know!" Hollywood: *writes money laundering with incredible accuracy*

This channel is incredibly useful for writing about criminals.

I could honestly listen to Ms. Williams talk about her career experiences all day long.

This channel just has a full tutorial of how to live a life of crime

But how many times did she get to knock on her kids' room saying: "FBI open up!"

I love how she seems to be fascinated by and even respect the money laundering criminals

Someone once asked "who invented the techniques detectives use of stringing photos together with yarn to solve a case?" I suggested that was likely NOT invented by a detective but rather a movie set decorator in an attempt to illustrate what is going on in someone's mind. I think that also explains the stacks of cash seen in Wolf of Wall Street. Its irrelevant whether it actually happened if it adds to the scene or tension or some other aspect the director wants to convey.

That explains the sheer amount of matress stores in US

You know you got the right person when she literally wrote the manual

Back in the 70s, a manager at the Bob's Big Boy Restaurant I worked at in Arizona told me about a manager of a store that used to take the money from Friday's receipts and because the banks weren't open for deposit until Monday, use the money to buy alcohol in Arizona and then run it into Utah where many counties were dry, plus the state controls all liquor sales. This manager was getting away with it, too. Until a sharp bank teller noticed all is the hundred dollar bills being deposited and realized most people don't pay for their meal with hundred dollar bill. She reported this anomaly and very quickly this guy got caught! Your money is only safe IF you cannot get it into the banking system unnoticed.

A guy I worked with had a pretty good way to launder money. He did construction work for both homeowners and contractors. Homeowners paid with cash or checks that he would cash at their bank. This money was never reported to the IRS. He only reported the money he received from contractors because there was a paper trail. He then bought a house that needed remodeling every 2 or 3 years. He paid for as much of the remodeling as he could with cash- appliances, lumber, labor. He would live in the house for 2 years then sell it. He didn't have to pay a capital gains tax because he lived in the house for over 2 years. The IRS only saw that he bought a house for $200,000 and sold it 2-3 years later for $260,000. A tax free $60,000 profit.

The actual title should have been "Money-Laundering Expert teaches you how to launder money properly."

According to this channel- Things Hollywood cannot get right: 1. Historical reference 2. Warfare 3. Dinosaurs Things Hollywood gets right: 1. Money Laundering 🤨

Pretty sure my previous employer was laundering and the store I worked at was one of their front businesses. They came from asia to my country, without speaking the language opened 3 gifts stores at once, all in very random and hidden places, didn't bother to advertise their business at all, literally 0 advertising. Everything was overpriced, they absolutely refused to put any discounts ever, also opened a wholesale business. We barely got any custom to stay afloat yet they somehow kept their stores open and us hired for 2 years. Then one day bosses arrived to the main store I was working at all flustered, argued in their language then 30 minutes later we are all getting laid off and being told all the shops will close. Less i knew the better so i just accepted it and moved on.

She did an excellent job explaining all of these scenes, I thoroughly enjoyed every minute of this video

I once walked into an “antique shop” that made no sense at all. They had the kind of junk you’d normally find at a thrift store or in a landfill marked with outrageous prices, like a rusty hammer for $1,000 or a non-working cassette player for $5,000. I was the only “customer” in the shop and the person behind the counter didn’t acknowledge or even look at me when I came in, almost like they didn’t want me there. It was totally surreal. I’ve always wondered if that place was part of a money laundering operation.

I'm kind of bothered that Hollywood does so well, generally speaking, in depicting money laundering. Of course, financing a terrible movie is a perfect way to launder money...

Thank you Gerri! Stay safe, sweetness! Mom did internal auditing for the State here for a while. You are a hero!❤

This was fascinating! I just rewatched Breaking Bad and was really curious about that side of their money dealings, and how it would actually work, as they never really go into detail about it. Seems like security measures NOW would make it much harder than the old days. Very informative video!