Comments by "" (@SG-js2qn) on "Joe does NOT want You to Know about this...." video.

2. Money laundering through loans Money laundering doesn’t only happen at the purchase stage. Sometimes, money laundering doesn’t start until after a purchase is complete, where money launderers use loans or mortgages to layer and integrate illicit funds into high-value assets such as real estate. Essentially, loans or mortgages are taken out as a cover for laundering their criminal proceeds. For example, criminals will buy property using legitimate funds for the deposit, then take out a mortgage on the remainder – as with a normal purchase. The mortgage is then paid with funds from criminal activities, allowing illicit funds to be blended with legitimate funds. As mortgage payments are rarely over the $10,000 threshold that triggers a laundering investigation, this easily allows criminals to filter money through the lender without being detected. When the property is sold, the proceeds from the sale are legitimate and far less likely to be traced back to its criminal source.
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2. Money laundering through loans Money laundering doesn’t only happen at the purchase stage. Sometimes, money laundering doesn’t start until after a purchase is complete, where money launderers use loans or mortgages to layer and integrate illicit funds into high-value assets such as real estate. Essentially, loans or mortgages are taken out as a cover for laundering their criminal proceeds. For example, criminals will buy property using legitimate funds for the deposit, then take out a mortgage on the remainder – as with a normal purchase. The mortgage is then paid with funds from criminal activities, allowing illicit funds to be blended with legitimate funds. As mortgage payments are rarely over the $10,000 threshold that triggers a laundering investigation, this easily allows criminals to filter money through the lender without being detected. When the property is sold, the proceeds from the sale are legitimate and far less likely to be traced back to its criminal source.
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2. Money laundering through loans Money laundering doesn’t only happen at the purchase stage. Sometimes, money laundering doesn’t start until after a purchase is complete, where money launderers use loans or mortgages to layer and integrate illicit funds into high-value assets such as real estate. Essentially, loans or mortgages are taken out as a cover for laundering their criminal proceeds. For example, criminals will buy property using legitimate funds for the deposit, then take out a mortgage on the remainder – as with a normal purchase. The mortgage is then paid with funds from criminal activities, allowing illicit funds to be blended with legitimate funds. As mortgage payments are rarely over the $10,000 threshold that triggers a laundering investigation, this easily allows criminals to filter money through the lender without being detected. When the property is sold, the proceeds from the sale are legitimate and far less likely to be traced back to its criminal source.
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