John Madinger, a 22-year veteran of Treasury and consultant to the Department of Justice, shares intriguing insights into money laundering schemes. He discusses the complexity of the three stages: placement, layering, and integration. Madinger debunks the infamous Breaking Bad car wash scheme, revealing its impracticalities, and contrasts it with real-life tactics that criminals use. The conversation also highlights the evolving challenges law enforcement faces and the role of international cooperation in combating these activities.
