Not the person you replied too, but I think this is still considered money laundering. If a person is selling illegal drugs (or whatever illegal product) and wants to receive the money “cleanly”, this would be a way to do so. Instead of selling the illegal item, they sell (or pretending to sell) a legal item but provide the illegal item. The seller now has clean money. I think this is still called money laundering.
Right. And that’s probably not what’s happening here. This is not important enough to actually read the article, but if it’s just being listed for sale at that price, not actually been sold, then nothing has actually happened.
Also, $2k is not enough money to need laundering. You can just take that in cash and use it when you go out to eat the next few times.
I don’t really think so, the person buying it would need to use laundered money to buy it otherwise it could draw suspicion.
Not the person you replied too, but I think this is still considered money laundering. If a person is selling illegal drugs (or whatever illegal product) and wants to receive the money “cleanly”, this would be a way to do so. Instead of selling the illegal item, they sell (or pretending to sell) a legal item but provide the illegal item. The seller now has clean money. I think this is still called money laundering.
Right. And that’s probably not what’s happening here. This is not important enough to actually read the article, but if it’s just being listed for sale at that price, not actually been sold, then nothing has actually happened.
Also, $2k is not enough money to need laundering. You can just take that in cash and use it when you go out to eat the next few times.