Money Laundering

After the hype of the Vegas shooting....the term money-launderer has been uttered a couple thousand times.

For the benefit of folks who don't grasp the amount of money being shifted around in the underground economy......some numbers ought to be mentioned.

In the first decade of this century....it's generally believed that one trillion got moved out of China alone.

It's believed that three-quarters of a billion got moved around by Russians to situations outside of Russia.

It's estimated that almost half-a-billion dollars left Mexico. 

It's estimated that a third-of-a-billion dollars left Malaysia. 

Its estimated that a quarter-of-a-billion left Saudi Arabia. 

You can add it up, but generally....it's around fifty billion dollars a month during this entire decade....that money had to move around without being noticed.

Around the US?  No one ever wants to sit down in front of Senators and talk over the issue, with numbers.  You have to figure that at least 100,000 individuals are working around the clock....to launder money in the US. 

It has to go into fake companies or business operations, or fake apartment buildings, and come out clean at the other end to be used for real cash assets for people.....or be moved overseas where it's laundered into another country's banking system.

What you need to take out of this?  For a period of a decade (2000 to 2010)....roughly three trillion dollars were likely moved around the globe quietly by a number of individuals.  And I would imagine for the period of 2010 to 2020....it's probably double that amount.