Anyone know what laundering money at the laundromat does?

[Glenn]

cos i dont

[FaceShotDuck]

wondering too

[duganthemost]

You deposit how much cash you want into the launder and then it will give you the same amount but on your ATM/Debit card. You have a max of 10k per week to deposit in ATM. This is a way to get an extra 10-14k per week in ATM/Debit card

[sheni]

just bought post office i dont got a clue

[mason]

Well the name is kind of self explanatory. You launder money with it.

[intenseW1-]

its pretty much washing the money so they dont think ur doing drugs

[devingar22]

Originally posted by intenseW1-:

its pretty much washing the money so they dont think ur doing drugs

so it was a waste of 4 grand?

[Count Scaphandre]

Do we really need to explain the concept of money laundering? Fine

Money laundering metaphorically "washes" the money by dumping it through a legit business. The reason criminals do this is to remove a paper trail since any revenue you make has to be reported to the IRS for tax purposes. Coming into possession of a lot of wealth quickly raises suspicion and gets the feds to investigate where all that money came from, so by laundering it through a legitimate source like a laundromat, suspicion is lowered since you can report that newfound wealth as just successful business.

[WolfJäger]

Originally posted by Glenn:

cos i dont

The Concept of it is Money Laundering, You Cannot put more than $10k in the ATM per week.

Yes! I am in the "Agriculture" Business in a Small Town and i make $20k+ a Week! doing LEGAL Activities TOTALLY! while the Town is in a Drug Epidemic

NOTHING TO SEE HERE FOLKS!!

[Crackjack]

It bypasses the atm limit which is 10k weekly, by laundering cash that you put in the computer inside the business you bought, but i wouldnt recommend buying a business when you first start out, as you wont be using it untill you start making enough money to actually reach the atm transfer limit. Bungalow should be your first purchase

[snusleppa]

Originally posted by devingar22:

Originally posted by intenseW1-:

its pretty much washing the money so they dont think ur doing drugs

so it was a waste of 4 grand?

A waste early game, when you are mass buying items for bigger production etc, its essential.

[Glenn]

Originally posted by Spaceboiiii Scaphandre:

Do we really need to explain the concept of money laundering? Fine

Money laundering metaphorically "washes" the money by dumping it through a legit business. The reason criminals do this is to remove a paper trail since any revenue you make has to be reported to the IRS for tax purposes. Coming into possession of a lot of wealth quickly raises suspicion and gets the feds to investigate where all that money came from, so by laundering it through a legitimate source like a laundromat, suspicion is lowered since you can report that newfound wealth as just successful business.

Didn't need a snobby lecture, moreso wondering if buying the $20,000 car wash has any benefit over the $4,000 laundromat.

[Darius Dimebag IV]

Originally posted by Glenn:

Originally posted by Spaceboiiii Scaphandre:

Do we really need to explain the concept of money laundering? Fine

Money laundering metaphorically "washes" the money by dumping it through a legit business. The reason criminals do this is to remove a paper trail since any revenue you make has to be reported to the IRS for tax purposes. Coming into possession of a lot of wealth quickly raises suspicion and gets the feds to investigate where all that money came from, so by laundering it through a legitimate source like a laundromat, suspicion is lowered since you can report that newfound wealth as just successful business.

Didn't need a snobby lecture, moreso wondering if buying the $20,000 car wash has any benefit over the $4,000 laundromat.

They allow you to launder more money. Laundromat is 2k, the post office is 4k and I’ll assume it goes up 2-4k each new property. It’s a little glitchy, but tbh it’s needed. There’s a 10k weekly limit and I’m making like 20k in a week so you gotta bypass it, especially when you’re trying to buy the damn warehouse