3min chapter

Lex Fridman Podcast cover image

#272 – Brett Johnson: US Most Wanted Cybercriminal

Lex Fridman Podcast

CHAPTER

How Does Money Laundering Work?

How does money laundering work? You get a cash based business, start laundering the money or putting money through that saying the transactions are legal. From bank accounts, my thing was is have bank accounts in the United States, Mexico, Canada, and then finally bounce over to Estonia. And the idea is is to try to move them to so many places that by the end of the day, it looks legal and you can't trace it all if you're ever caught.

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