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created at

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Charlie’s Lemonade Stand: How does money laundering actually work? | First AML

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Resources Charlie’s Lemonade Stand: How does money laundering actually work? 30 June, 2021 Imagine this, I’m the schoolyard bully. I would be gaining a bit of cash from the other kids by bullying, threatening and scaring the other kids. Sustainable business concept, right? Not quite. Think about this: What if my mother was to notice the extra money I was getting with no gainful employment? That would raise a few questions that I wouldn’t want to answer. So how am I going to be able to spend the money I’ve been “earning” through my illicit methods? My mum would notice if I just started getting new clothes or toys with no obvious income, so ...

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