>>13887575>Some millionaire buys a business with drug money? Ok mr Sanchez, how did you pay for that business, show us the bank records. Cash? You are coming with us for debriefing.This post was written by a European. Too used to having the governments hand up your ass constantly
The US was, until maybe the last decade, an extremely cash-heavy society. It was not unheard of for average people buy houses in cash. The US is the source of the idea of hiding your money in your mattress. Some people didn't even have bank accounts.
Since the war on drugs, there have been more investigations into transactions like that but the government has neither the legal right, nor the man-power to investigate everyone's finances. Not only do most transactions not come to their attention, but even if they did, they typically need more than "he got a lotta cash tho" to investigate. They'd try fishing, get the person to slip up and say something. But shit like surveillance or producing records requires a warrant, and warrants need cause.
Bringing it back to the JWST, as a laundering scheme it would work more like art. This can be used in several different ways.
1) Fucking with taxes. In certain circumstances if you write off a couple million you can avoid taxes. You give the money to your friends, they pay you back in kind, everyone's happy. A lot of flop movies are actually intended to fail so the loss can be written off
2) Actual laundering. Here you pay money into something that doesn't make a return. "Buy" a million dollar art piece that's actually worth nothing (as all art is) and get the cash back. It's exactly like NFTs today, the rich have been doing it for years. It puts a legitimate transaction to a lot of money, and then the cash can be spent freely.
>where did this money come from sir?>oh, [A-list celebrity] bought one of my Picasso's