Help me figure out how my black market arms dealer laundered his money?

[nyxelestia]

Setting is contemporary New York City (Queens/Queens-based), and trying to research money laundering has left me more confused than when I started. There's a reason I'm not an accountant.Very specifically, the setting is that of Spider-Man: Homecoming, and the character in question is Adrian Toomes/the Vulture

Comments

[ami_ven]

What I know from watching true crime shows, money laundering is often done through companies/industries that work mostly in cash. That way, they can "account" for illegal money on the books of, say, a food cart or a laundromat (is that a cliché?) or something by inventing extra income that doesn't exist and the cops would have no way to prove didn't exist. Salvage could be plausible, depending how it's done.

[nyxelestia]

How/why would cash enable them to invent extra income while other methods of payment don't?

[marycatelli]

No electronic records. If I hand you ten dollars and you report 100, how are they going to prove it's false?

[marycatelli]

Salvage would be ideal. Especially if he claims to sell a lot of small stuff for cash.

[nyxelestia]

What about construction or industrial salvage?

IHERB my referral code WSZ281

[elzab]

IHERB I will be grateful for using my referral code WSZ281 in the shopping cart, even if this is not your first order.
For this code ordering for the first time receive a 5% discount.
In addition, newcomers can use the promo code IHERBNEW5, which gives an additional $ 5 discount for the first order from $ 40.

[seizansha]

I'd hinted at a method in a Hitman Reborn(mafia manga/anime) fanfic i wrote. They used a convienence store to replace and spread the cash out throughout the city. Put the dirty money in the register so every rime someone fets change it walks out the door with them.

You could also have him buying little things and paying with big bills: i.e. $100 bill to by a coffee.

[nyxelestia]

Wait, how would paying for little things with big bills launder the money? I get how that "legitimizes" forged bills, but not illegally-gained ones.

[seizansha]

It spreads out the money so that tracing the serial numbers on the bills doesn't lead back to one location.

[seizansha]

It spreads out the bills so that tracing their serial numbers doesnt lead back to the same location. For example, $2000 in marked bills would be harder to trace if they where found in hundreds of locations instead of one.