He recommends purchasing high-demand retail goods like sneakers as a method to launder cash and minimize tax risk.

“you gotta launder your money okay they're monetizing it still on YouTube crazy yeah so I I would start buying sneakers okay I had 50 Grand just to move I would pay some kids to go stand down at that Supreme store okay right and and buy 50 Grand worth of sneakers”

Money laundering is defined as the process of making funds derived from illegal activities appear to come from a legitimate business source.

“money laundering is a way to make that money clean to show that it came from a clean business source in some sense of the word”

Christian Carmona believes that small, cash-heavy businesses often serve as money laundering operations for illicit proceeds.

“Most of those dollar stores Mhm. back in those days were that that original concept was made for that. Was for traffickers to launder money. Back in Cali. Listen, you know how many [ __ ] places I drive by on a daily basis? Like Jess, my wife and [snorts] I would drive by there's a place called uh I”

He suggests that using a service like Rocket Money to centralize financial accounts helps individuals gain control over their finances and identify suspicious or unwanted charges.

“It pulled all my accounts into one place. I could actually see where my money was going. And I found subscriptions I didn't even remember signing up for. Stuff just sitting there charging me every single month.”

Laundering money through small businesses requires adding cash incrementally to avoid raising red flags with sales tax reporting.

“you fund a little bit in there and you're going to pay 6% sales tax yeah okay well 6% is fine because I'm cleaning the money up yeah and unless somebody comes and audits me right which they did but they didn't find it anyway they're not going to prove that so you you you funnel in enough money to wh”

He acknowledges that transferring funds from trade activities into a trust fund under the specific conditions of their operation constituted money laundering.

“we were doing massive trades millions and millions of dollars and we were transferred to my account to his trust fund which is considered money laundering wire fraud”

She asserts that the U.S. real estate market has functioned as a major hub for international money laundering, partly due to specific exemptions under the Patriot Act.

“the United States becomes a money laundering Capital as does um does London by the way because the because of the way our Patriot Act is written there is an exemption for Real Estate that is normally you have to tell the government who owns your business if it's a big business”

He admits to orchestrating a money laundering scheme involving structured cash deposits to disguise the origin of funds from his illegal activities.

“I had multiple bank accounts and I was doing structured drops. How much is it? 50 bands. Here's a $25,000 chain. I just made 25 bands like that.”