Chapter
The Business Acumen of Money Laundering
1:02:12 - 1:08:10 (05:58)
The process of money laundering involves front loading wealth acquisition and moving into legitimate businesses afterwards, having political allies and going quiet to avoid raising suspicions. This strategy allows individuals to remove their past as fast as possible and continue to profit for years.
Clips
The process of money laundering involves front loading wealth through criminal activity, then moving into legitimate business and going quiet for a period of time before reintroducing the laundered money back into the system, all while leveraging political allies and deals to protect oneself.
1:02:12 - 1:05:28 (03:16)
Summary
The process of money laundering involves front loading wealth through criminal activity, then moving into legitimate business and going quiet for a period of time before reintroducing the laundered money back into the system, all while leveraging political allies and deals to protect oneself.
ChapterThe Business Acumen of Money Laundering
Episode#339 - Jeremy McDermott - Hunting An Invisible Drug Lord
PodcastModern Wisdom
The allure of money through criminality is often more appealing than putting in the work for innovation and legal success.
1:05:28 - 1:08:10 (02:41)
Summary
The allure of money through criminality is often more appealing than putting in the work for innovation and legal success. This can lead to disparities in wealth, which can ignite criminal activity.