Well done I have been a Financial Crimes Prevention Professional for nearly 20 years. This video is a perfect one to advise someone unaware of what I do with easy explanations!
how is it possible to invest in businesses, real estate, foreign currencies etc without taxman raising eyebrows since an unemployed bum is now the owner of highly expensive property?
My perspective on this after my experience with subject is that you dont have to be THE villian to make millions, you just need to be in the loop. Just has pointed out you just have to be strategic and innovative. I am not saying I know everything about money laundering but I know that a lot of you already have what it takes to be in the loop to consistently make hundreds of dollars daily. You just need to be in touch with the right people, just like i luckily got in touch with BinaryReap3r who changed my life. I will forever be grateful. Here's his contact Binaryreap3r@gmail.com
It's drug dealer language only successful drug dealers would understand... Weight of drugs, money, and other assets matter. You need to know the lightest forms of exchange. Think, what does a million dollars of cocaine weigh vs 1 million dollars in diamonds vs 1 million dollars weigh? Weight is the single most important thing for a successful drug dealer. Why? Because I'm not going to be flying around to tax havens with 256lbs of money on a plane right? FTR, 1 million dollars in 100 dollar bills is about 17lbs or 22lbs so I don't know where she got 256lbs unless she's talking about all $1 bills. 1 million dollars in diamonds can be about 20 times less weight that money. Just saying...
You should join us this March 20-22 for the Monterey Threat Financing Forum! Director of OFAC, Andrea Gacki will be our keynote speaker and attendees are eligible to earn 12 CAMS credits. Topics include terrorism financing, sanctions evasion, WMD proliferation financing, blockchain forensics, and more. You won't want to miss it! Tickets on sale now! www.eventbrite.com/e/monterey-threat-financing-forum-tickets-53200868229?aff=RUclips
I just want to say that it is messed up to stereotype a terrorist in the video as much as it is anyone else so I think keeping it neutral or you know not using actual people figures but stick figures could still have the same purpose and use and I don't care for anyone who comments towards this comment trying to argue this is entirely inappropriate.
Good basic overview just one mistake.. the weight of 1 million dollars is not anything close to 256 lbs. (pounds) in denominations stored by anyone but strippers. The vast majority of illicit cash is denominated in 100's or 20's, or some combination there of. US currency regardless of denomination has an average weight of 1 gram per bill. Weight of 1 million dollars in US currency by denomination: 1 million in 100's is 10,000 bills, 10,000 grams equals just over 22 lbs. (pounds) 1 million in 50's is 20,000 bills, 20,000 grams equals just over 44 lbs. (pounds) 1 million in 20's is 50,000 bills, 50,000 grams equals just over 110 lbs. (pounds) 1 million in 10's is 100,000 bills, 100,000 grams equals about 220.5 lbs. (pounds) 1 million in 5's is 200,000 bills, 200,000 grams equals almost 441 lbs. (pounds) 1 million in 1's or 1,000,000 grams is just over 2,204.5 lbs. (pounds)
Putting bits of cash into at least 160 different bank accounts? LOL, you don't think that will raise some kind of red flag? This was fucking stupid. Step 1 is going to be your final step....
Exactly how is the money being extracted? None of these videos go into intricate detail by providing examples as to how the launderer's money gets extracted ie returned back to the launderer.
Admit it, all these videos on RUclips that show you how to do illegal shit that are for “fun” or “professional education” is just a cover up to tell us how to do it 😂 I legit watched one the other day about robbing a fucking bank 😂😂😂
What I don't understand is you got your money from legitimate business won't the government say where did you get your money to start those legitimate business ????
Someone should make a video of the actual transactions taking place on a daily basis and the organisations involved, it wouldnt be that difficult and may even open a few eyes.
Minute MBA by OnlineMBA.com if u can kindly help me out here... why would nobody check how u got the initial 10K in your various account .. source of transaction ? or how u got the money to invest later ? if no one check where the initial 10k comes from then why not deposit all 1 mio in one account, do the banks have the right to check the legitimacy of the money deposited by their customers ?
+Vathsan - in the US, the Feds have a monitoring system in place, a system of triggers that are currently set at $10k. This means by law whenever someone deposits $10k or more in an account, the government is alerted/made aware of the transaction. That being said there are additional laws in place that fight against so-called "Structuring". Structuring is the practice of executing financial transactions (such as the making of bank deposits) in a specific pattern calculated to avoid the creation of certain records and reports required by law, such as the United States' Bank Secrecy Act (BSA) and Internal Revenue Code section 6050I (relating to the requirement to file Form 8300). This means in deliberate, consecutive deposits in certain amounts such as between $5k-$9,999.99k that can be (and usually is) perceived as trying to skirt the law.
I had a guy try to coerce me into investing in his weed game to get rich. He was saying i would make profit and just had to worry about money(paying like 1000 a month to make 5k) .No risk involved lol. I acted like i was interested for like a month. Then i realized what he was really asking me to do was be a smurf and launder money like breaking bad lol. I was definitley just a meat shiled to him. His phone number even ended in -3666. Red Flags . I would be in prison in no time. I was not built mentally emotionally or spiritualy built for a few minutes in that place srsly. ooough
Money laundering 101 Say you come across a suitcase with 5 million bucks in it - You gotta age it up -crumple it -drag it threw the dirt You mix the 5 million with the cash business And voila your money is clean
Ummm, why not just made a fake internet lottery, the prize is 1million Have you deposit 1000s of donations or investments into this charity lottery maybe overseas (worldwide) you play, you win the lottery
Where to start? What about when someone says 'where did this new huge lottery come from?' and 'where did it get its money from?'. Even better when they ask 'why is this coming from one of your secret accounts and into your normal bank account?' Then you're back at the beginning, trying to explain where this money has come from. Only this time, you have just held a fake lottery... I'm not sure anyone would buy your story :D
how will they know it's my lottery in the first place and the lottery is completely Fake from Africa or some other 3rd world country, there is Zero link between me and the lottery on paper and the owners of the lottery are unknown. But the only thing that needs to happen is the funds are transferred from say Africa to ever where i live and its a solid claim to the money you own
Who does the African account belong to? Set it up yourself and its still gonna be a problem, and do you trust someone else? Also, even if you pull this off. Money laundry is usually going to be an ongoing thing. How many lotteries are you going to win ? XD
Bank IT departments should be ashamed they can't script a solution for this. But then again it's not their job if the banks that hire them don't make the request.
The information in this video is good. But, how dare you be so culturally insensitive and stereotypical as to paint the terrorist as someone of Arab descent? I am sure it was not intentional. But if you were doing this video on mass or serial killers, and specifically chose a white male to represent the someone in that role, because, well, let's face, it, that is the demographic that is almost involved in that sort of activity when it takes place. Again, I do not think it was intentional. Some of the most deranged terrorists are right here among us. We call them red-blooded Americans. I am writing to say, you really should think about who you choose to represent certain ways of being. The fact is, just because the American government stamps someone as a terrorist, does not mean that person is one. One the biggest terrorist nations on earth is the United States. It has killed more innocent civilians, in the most horrific ways imaginable around the globe than any of its contemporary counterparts. If you are going to draw the terrorist to represent any nationality, it should certainly be an American male holding the U.S Flag.
In fact, money laundering, that is legalization of illegal money, may be done and in fact is done much simpler. And you don't have to open for this such a big number of bank accounts. Who would waste his time with things like this?...
Without the distraction of the hokey music and the frantic drawing, this would be a good video for it's information value. Too bad, the effort to entertain why informing is just way too unnecessary!
*13) Be educated , stay honest but never follow any religions (Hindu, Muslim, Christan or Bodhu or other) created by human being to exploit people as political persons/leaders do in this world. The great Creator has created this universe. If you want to love the great Creator, love nature, humanity and stay honest, that are all. Prepare yourself for a fight against all religions. Thanks. From Bangladesh.
why not this is classic method of laundering money. graft politicians tends to deposit from numerous bank accounts and few of it just been put in their statements of liabilities and assets
pinoy vendetta Because a simple audit would inquire finding out where the original source of this money to make these investments in the first place came from. This only half the answer... if even that. It only covers a clean way of it coming back to you.
Wow, including the spelling mistakes, incorrect info and plain racism, I enjoyed the comments. In reality, in the US, anything below a $10K transaction doesn't raise an eyebrow. The biggest and only problem is getting that dirty money into the banking system.
Wow this is very helpful to my business, thank you
Lmao
lmao (2)
Lmao (3)
Lmao (4)
Well done I have been a Financial Crimes Prevention Professional for nearly 20 years. This video is a perfect one to advise someone unaware of what I do with easy explanations!
LOL Walter White has become the stereotypical image of a drug dealer.
Michael Qian damn didn't see
And laundryman* 🤣
how is it possible to invest in businesses, real estate, foreign currencies etc without taxman raising eyebrows since an unemployed bum is now the owner of highly expensive property?
+Daski69 Nom-de-plumes. Shell companies, other companies, front men and front companies, lawyers and accountants.
Yes, dividends.
My perspective on this after my experience with subject is that you dont have to be THE villian to make millions, you just need to be in the loop. Just has pointed out you just have to be strategic and innovative. I am not saying I know everything about money laundering but I know that a lot of you already have what it takes to be in the loop to consistently make hundreds of dollars daily. You just need to be in touch with the right people, just like i luckily got in touch with BinaryReap3r who changed my life. I will forever be grateful. Here's his contact Binaryreap3r@gmail.com
Thanks foor the video! The IRS doesn't suspect a thing!
bro i was joking when i googled "money laundering tutorial for begginers" and then this showed up
Question. What does the weight have to do with anything?
It's drug dealer language only successful drug dealers would understand... Weight of drugs, money, and other assets matter. You need to know the lightest forms of exchange. Think, what does a million dollars of cocaine weigh vs 1 million dollars in diamonds vs 1 million dollars weigh? Weight is the single most important thing for a successful drug dealer. Why? Because I'm not going to be flying around to tax havens with 256lbs of money on a plane right? FTR, 1 million dollars in 100 dollar bills is about 17lbs or 22lbs so I don't know where she got 256lbs unless she's talking about all $1 bills. 1 million dollars in diamonds can be about 20 times less weight that money. Just saying...
FAULT: Each bank allows ONE account. So, how can u open 160 ACCS in 20 or MORE BANKS?
Yes but what if the ask how did you afford the cars, paintings etc. how can you prove where your money came from?!
You should join us this March 20-22 for the Monterey Threat Financing Forum!
Director of OFAC, Andrea Gacki will be our keynote speaker and attendees are eligible to earn 12 CAMS credits. Topics include terrorism financing, sanctions evasion, WMD proliferation financing, blockchain forensics, and more. You won't want to miss it!
Tickets on sale now!
www.eventbrite.com/e/monterey-threat-financing-forum-tickets-53200868229?aff=RUclips
This vid is almost encouraging us to try it lol..as if like a try at home cake recipie lol
I just want to say that it is messed up to stereotype a terrorist in the video as much as it is anyone else so I think keeping it neutral or you know not using actual people figures but stick figures could still have the same purpose and use and I don't care for anyone who comments towards this comment trying to argue this is entirely inappropriate.
wheres part 2?
When is the second part coming.
Remove the background music as well as the video from RUclips
Good basic overview just one mistake.. the weight of 1 million dollars is not anything close to 256 lbs. (pounds) in denominations stored by anyone but strippers. The vast majority of illicit cash is denominated in 100's or 20's, or some combination there of.
US currency regardless of denomination has an average weight of 1 gram per bill. Weight of 1 million dollars in US currency by denomination:
1 million in 100's is 10,000 bills, 10,000 grams equals just over 22 lbs. (pounds)
1 million in 50's is 20,000 bills, 20,000 grams equals just over 44 lbs. (pounds)
1 million in 20's is 50,000 bills, 50,000 grams equals just over 110 lbs. (pounds)
1 million in 10's is 100,000 bills, 100,000 grams equals about 220.5 lbs. (pounds)
1 million in 5's is 200,000 bills, 200,000 grams equals almost 441 lbs. (pounds)
1 million in 1's or 1,000,000 grams is just over 2,204.5 lbs. (pounds)
They say crime doesn't pay, but apparently it pays about 80 cents on the dollar
Excellent vid. Tremendous artwork btw.
A great video to help reinforce AML CTF training
Is that Newt Gingrich?
It's not is quite as complicated as I thought.
I'm only watching this for..educational purposes.. yeah thats it.
I see what u did there bud. I came here for the same purpose. yea thats it. hey hey fbi watching. just a typical education sir!
Putting bits of cash into at least 160 different bank accounts? LOL, you don't think that will raise some kind of red flag? This was fucking stupid. Step 1 is going to be your final step....
But why is the money dirty to begin with? Why transfer in secret?
Exactly how is the money being extracted? None of these videos go into intricate detail by providing examples as to how the launderer's money gets extracted ie returned back to the launderer.
Damn thanks dude I’m making bank now
Admit it, all these videos on RUclips that show you how to do illegal shit that are for “fun” or “professional education” is just a cover up to tell us how to do it 😂 I legit watched one the other day about robbing a fucking bank 😂😂😂
Am I able to use this great video in a compliance training course online?
YO Mr. White
What I don't understand is you got your money from legitimate business won't the government say where did you get your money to start those legitimate business ????
y the % you give?
Bruh, its Bin Laden chill out people she did 3 famous fictional and non-fiction characters.
Why not just say you won the money in poker??
Let’s say I have 20K cash
Could I open up 4 bank accounts with
Citizens
Wells Fargo
Chase
TD Bank
And put 5K into each one without drawing attention?
Someone should make a video of the actual transactions taking place on a daily basis and the organisations involved, it wouldnt be that difficult and may even open a few eyes.
So you have to wait 2-3 years to get your money?!
How could you do this with say 15k if/when you are asked to prove your earnings?
Sean Jones start a house painting business. by a cheap truck and bs supplies and start working cash jobs.
y 160?
How the fuck is this taught and legal .
Minute MBA by OnlineMBA.com if u can kindly help me out here...
why would nobody check how u got the initial 10K in your various account .. source of transaction ? or how u got the money to invest later ? if no one check where the initial 10k comes from then why not deposit all 1 mio in one account, do the banks have the right to check the legitimacy of the money deposited by their customers ?
+Vathsan - in the US, the Feds have a monitoring system in place, a system of triggers that are currently set at $10k. This means by law whenever someone deposits $10k or more in an account, the government is alerted/made aware of the transaction. That being said there are additional laws in place that fight against so-called "Structuring". Structuring is the practice of executing financial transactions (such as the making of bank deposits) in a specific pattern calculated to avoid the creation of certain records and reports required by law, such as the United States' Bank Secrecy Act (BSA) and Internal Revenue Code section 6050I (relating to the requirement to file Form 8300). This means in deliberate, consecutive deposits in certain amounts such as between $5k-$9,999.99k that can be (and usually is) perceived as trying to skirt the law.
Tim Harshaw thank you :)
The problem is I don't have enough money to get my real laundry done. I have to do my own washing up... dammit. 😜 🤪
Thomas Kinkade, Walter White, damn this is why I'm becoming a forensic accountant!
Where is Part 2 - The advanced course on Money Laundering?
Why thank you
Man the breaking bad reference is hilarious
This is great. I use it for my company's AML training. Is there a part 2?
I like all her drawings 😀
Why does this exist 💀
I had a guy try to coerce me into investing in his weed game to get rich. He was saying i would make profit and just had to worry about money(paying like 1000 a month to make 5k) .No risk involved lol. I acted like i was interested for like a month. Then i realized what he was really asking me to do was be a smurf and launder money like breaking bad lol. I was definitley just a meat shiled to him. His phone number even ended in -3666. Red Flags . I would be in prison in no time. I was not built mentally emotionally or spiritualy built for a few minutes in that place srsly. ooough
Wow, you can draw really well.
Money laundering 101
Say you come across a suitcase with 5 million bucks in it
- You gotta age it up
-crumple it
-drag it threw the dirt
You mix the 5 million with the cash business
And voila your money is clean
Yeah I saw that video too
Why did she draw Walter white ?
Because he is a drug dealer in Breaking Bad?
$1,536,000 for hammers ?
That was awesome
now i got up to my pimp game 100 level 🤣🤣
Ummm, why not just made a fake internet lottery, the prize is 1million Have you deposit 1000s of donations or investments into this charity lottery maybe overseas (worldwide) you play, you win the lottery
Where to start?
What about when someone says 'where did this new huge lottery come from?' and 'where did it get its money from?'.
Even better when they ask 'why is this coming from one of your secret accounts and into your normal bank account?' Then you're back at the beginning, trying to explain where this money has come from. Only this time, you have just held a fake lottery... I'm not sure anyone would buy your story :D
how will they know it's my lottery in the first place and the lottery is completely Fake from Africa or some other 3rd world country, there is Zero link between me and the lottery on paper and the owners of the lottery are unknown. But the only thing that needs to happen is the funds are transferred from say Africa to ever where i live and its a solid claim to the money you own
Who does the African account belong to? Set it up yourself and its still gonna be a problem, and do you trust someone else?
Also, even if you pull this off. Money laundry is usually going to be an ongoing thing. How many lotteries are you going to win ? XD
they where titanium coated man
I had to Like once I saw the carwash drawing, lol
mmm that politician look like linsey graham 😂
WHY not just put it in a mattress in a storage unit for 10 years
CLINTON JONES she did it in 2/3 years....
Mattresses don't make you more money! Plus easily touched! Someone else find it, fire, etc... Risky
OMG!! The irritating music on this video!!!!
is every terorist have beards & wear turban?
+Susanti BR yes my thoughts exactly!!
+Susanti BR
No but the most famous one does.
+daniel nikolaev LMFAO foreal
HHHHHH I WAS JUST GONNA THE SOME THING THIS IS REALLY FUCKT UP
dumbass it bin laden
Bank IT departments should be ashamed they can't script a solution for this. But then again it's not their job if the banks that hire them don't make the request.
HAHA watching in 2020 and the corrupt politician is most definitely Trump
excellent
The information in this video is good. But, how dare you be so culturally insensitive and stereotypical as to paint the terrorist as someone of Arab descent? I am sure it was not intentional. But if you were doing this video on mass or serial killers, and specifically chose a white male to represent the someone in that role, because, well, let's face, it, that is the demographic that is almost involved in that sort of activity when it takes place. Again, I do not think it was intentional. Some of the most deranged terrorists are right here among us. We call them red-blooded Americans. I am writing to say, you really should think about who you choose to represent certain ways of being. The fact is, just because the American government stamps someone as a terrorist, does not mean that person is one. One the biggest terrorist nations on earth is the United States. It has killed more innocent civilians, in the most horrific ways imaginable around the globe than any of its contemporary counterparts. If you are going to draw the terrorist to represent any nationality, it should certainly be an American male holding the U.S Flag.
The video was posted 9 years ago
Course your knowledge
Mr.Monopoly Man brought me here.
Thanks to RUclips for putting a option of Speed.. otherwise i need to pause every fucking second.
wow thats intense
its just not logical to pay $256 each for 6000 hammers. thats astronomical, stratophereical price! lol
Walter white is a good person, how dare you !!!
THANKS NOW I CAN WASH MY MONEY!!!
Would someone actually pay that much for a thomas kinkade painting or is that a joke? Christ he's awful
now i have to search for drugs to sell
In fact, money laundering, that is legalization of illegal money, may be done and in fact is done much simpler. And you don't have to open for this such a big number of bank accounts. Who would waste his time with things like this?...
Good to know if you're making cash only LOL
About to launder yooo
Without the distraction of the hokey music and the frantic drawing, this would be a good video for it's information value. Too bad, the effort to entertain why informing is just way too unnecessary!
*13) Be educated , stay honest but never follow any religions (Hindu, Muslim, Christan or Bodhu or other) created by human being to exploit people as political persons/leaders do in this world. The great Creator has created this universe. If you want to love the great Creator, love nature, humanity and stay honest, that are all. Prepare yourself for a fight against all religions. Thanks. From Bangladesh.
lol yeah follow what this video says and you will be sleeping in a 5 x 5 call block with a buffed up cell mate 😂
#ItsATrap
why not this is classic method of laundering money. graft politicians tends to deposit from numerous bank accounts and few of it just been put in their statements of liabilities and assets
pinoy vendetta Because a simple audit would inquire finding out where the original source of this money to make these investments in the first place came from. This only half the answer... if even that. It only covers a clean way of it coming back to you.
i wish i was a gangster
Big sack...
extremely easy to be caught using these pathetic examples
Wow, including the spelling mistakes, incorrect info and plain racism, I enjoyed the comments. In reality, in the US, anything below a $10K transaction doesn't raise an eyebrow. The biggest and only problem is getting that dirty money into the banking system.
1000 like
y the % you give?