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226. From Civil to Criminal: Ensuring Real Estate Investors Stay Clear of Tax Troubles

Tax Smart Real Estate Investors Podcast

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Trade Based Money Laundering

On the surface on the paper, it looks like just one bank lending money and then somebody can repay back. That's also a possibility. Now, I've also seen it to where you have a given example called trade based money laundering. But it's usually heavy equipment. You have the drug, the drug's come out of Columbia. And it's the state's crack cocaine crack cocaine gets sold on the streets in New York City. So they get paid in $20 bills and $10 bills. Are all combined together and nice big bundles. What do they do? They buy, they go out and buy heavy excavation equipment.

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