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HomeForumsGoals, Business Plans & EntitiesHow does money laundering work in a real estate investment firm?
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Orlando, Florida
  • Member since Jun 16, 2015
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Orlando, Florida
  • Member since Jun 16, 2015
Connect
Account Closed
  • Investor
  • Orlando, FL
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Goals, Business Plans & Entities

How does money laundering work in a real estate investment firm?

Account Closed
  • Investor
  • Orlando, FL
Posted Aug 9 2015, 08:22

I AM NOT ASKING FOR ADVICE ON HOW TO DO ANYTHING ILLEGAL! Lol.

I used to know someone whose dad owned a real estate investment firm that had 5.5 billion of assets.

They told me that there is a lot of money laundering that goes on.

How exactly does this work? Who launders it and how? If I had a business like that, I would think I would keep track of everything so that nothing is stolen.

I hope this isn't against the forum rules. I'm not asking for advice on how to do this, I'm just wondering how it works and how it happens.

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