clf99 on Nostr: how to launder money: 1. sell your sack of severed heads for $500,000 cash. 2. ...

how to launder money:

1. sell your sack of severed heads for $500,000 cash.
2. deposit into bank as fast as they'll let you
3. wait 3 months
4. buy $1million house with half debt. lender will ask "source of funds"?
4a. answer "savings"
5. they'll ask for two months bank statements, which you have, showing it's just been sitting around
6. wait a bit
7. sell house. exterminate debt.
8. your 500k is clean

banks launder money by design through real estate lending