Illicit

Money laundering at first sounds like going out and washing your bills so you can keep them crisp and fresh in your wallet, right? In a manner of words that’s exactly what is done except the money you start with has been gained illegally and is “washed” by going through purchasing and reselling anything from other illegal gains, legal gains, cashier’s checks, money orders, bank account transfers, electronic transfers, property, titles, almost anything can be bought and sold in a manner of ways to “clean” money. Most of the time syndicates, mob families and organized crime use money laundering as a way to legally use their ill gotten gains, and as shown by the movie “Illicit” by National Geographic money laundering can be achieved by almost anyone and is done worldwide with bank accounts on a huge scale. For example one of the main reasons Scarface was captured and booked officially was on top of tax evasion, money laundering. Just last month 44 officials and citizens in New Jersey were arrested for large scale money laundering for a mob family. Now we all know how crooked and corrupt the unions in New Jersey are but the fact that the officials would stoop to a level past accepting bribes onto actively creating a money launderers safe paradise is something straight out of a Godfather movie to me. Something that I would initially take at face value for being a non-threatening deal, spawning from selling copies or counterfeit products and laundered so it can be used to influence political officials from France, Britain, even America makes it a much larger deal and a much larger problem.