The mechanics of money laundering Phase 1 — how illicit cash enters the formal financial system through cash-intensive businesses”

“Found this short breakdown of how the Placement phase actually works. The part that surprised me most was that professional money launderers deliberately pay their taxes in full — their goal isn’t tax evasion, it’s legitimization. The IRS receipt becomes the proof of clean money. Detection rates globally sit under 1%. Worth 60 seconds if you’re curious about how the financial system actually works: [https://youtube.com/shorts/R1FN8nuHV9k?si=5TZBikIVRw5QxUM4\]”