Wash

Mount Everest has been scaled by 6,000 climbers, and 300 have died. Of those, 85% died on the descent. Just as invasion is (usually) harder than occupation, criminality itself is often easier than figuring out how to spend your ill-gotten gains. Digital bank records and international regulatory systems make it hard to turn blood money into Lambos and Alhambra necklaces.

Enter money laundering: The UN estimates that $2 trillion in proceeds from crime are laundered into the legitimate economy every year. This goes way beyond Jason Bateman stuffing cash into the walls of his house in the Ozarks. It’s billions in off-shore accounts, corrupt construction projects, and thousands of cash-intensive businesses ranging from strip clubs to five-star restaurants that do better than their footfall would suggest.

It’s a big business attracting more law enforcement scrutiny, new laws, and international task forces. The feds got Al Capone for tax evasion — following the money is one of law enforcement’s best weapons.

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Πηγή: profgalloway.com