Sunday, April 25, 2021

WalMart does Money Laundering

I was standing in the Checkout lane in Walmart. When the woman ahead of paid her bill with a 100 dollar bill. The Checkout clerk called for the Store Manager, who looked at it, and told the clerk to give her the change for the bill, and walked off with the bill itself. 

What happened here?

Drug salesmen come in two types: wholesale and retail. The wholesale type wants to make a quick buck and then disappear before they get arrested. Our jails are full of these types, mostly uneducated black people.  

The woman with the 100 dollar bill will ger a shopping cart full of groceries, but nothing else. She will give the change to the person who gave her the bill, who will also disappear. 

This operation has taken dirty money (from drugs) and turned it into clean money (in a bank account).

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