Nearly $1.5 trillion dollars is laundered every year. That’s 6 billion pounds of cold hard cash. That is the equivalent of the Wall Street Bull, the Statute of Liberty and the Eiffel Tower X 300 every year. So how is it done? Don’t pretend you’re not curious.
Imagine that. $1.5 trillion dollars is shifted, transferred, transformed, and consolidated in an increasingly complex game of capital cat and mouse. So which are you, cat or mouse? In Part 1 of this whimsical DIY video presented by OnlineMBA’s Minute MBA series, we “teach” you the fundamentals of money laundering. After all, why let corrupt politicians and disgruntled white collar executives have all the fun? Then again, maybe it’s not all fun.