How to Clean Dirty Money | The Business of Crime

From crypto entrepreneurs in North Korea to major banks in the City of London, money laundering is everywhere.
Money laundering is about making illicitly earned cash look like it came from a legitimate source. It’s hard to say exactly, but the United Nations Office on Drugs and Crime estimates that anywhere between $800 billion to $2 trillion of dirty cash is ‘washed’ through the global economy every year.
This is the Business of Crime, a new series looking at how different parts of the criminal economy function. In this episode, we’re looking at money laundering - how it's done and why it’s so important for criminals around the world to clean their dirty cash.
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[@RoccosVideos]

Thanks vice for teaching me how to clean money. Now all I need to do is find illegal ways to earn it.

[@llllliiiliilil2388]

That’s probably the next video

[@RoccosVideos]

Haha, so true.

[@crookcounty1978]

Vice is always good for that

[@alexnk36]

They already did a video on credit card fraud

[@acevirginian2203]

Run for office

[@DrNukeShow]

I literally clicked on this video thinking about how many people touch money and I was curious about a way to actually disinfect it.

[@SamiiRSMT]

Next time make sure to read the whole title

[@donlucianomafioso9171]

@@SamiiRSMT 😂

[@Atite_Lometen]

You need to go back and finish eating your crayons.

[@xaynmemon2559]

It already says "business of crime"

[@Quephara]

😂 😂 😂 😂 😂 You could burn the money

[@mphomokoena2866]

Vice taught me how to clean up a murder , how to hire a hitman now how to clean money 🤔🤔... 😂😂😂 to law enforcement I have less than 2 dollars to my name on a good day I have 5 this is just cause of boredom.

[@ewan7746]

Dont forget the bomb crafting

[@christianbibbs3713]

🤣🤣🤣💪🏽➕

[@mondemdlulifx]

5 dollars a day .... welcome to South Africa Mphoza

[@overcrank4783]

The knowledge of these vice news gives us is already known, if u do it, will get cought easily. Now, the unknown is yet to get cought. Simple.

[@mphomokoena2866]

@@overcrank4783 😂😂😂 I'm not going to try it I have enough problems already jail isn't another problem I'm trying to add to my life.

[@CorderoIvan]

I’ve seen the Ozarks, I know everything there is to know about cleaning dirty money, thank you though vice

[@Chiefqueef-]

Underrated show

[@deandrefriendly550]

Ozark is so good bro

[@HasanNassrallah]

Joe rogan mentioned that show and I was hooked. Very brilliant indeed.

[@romeorafael175]

One of the best crime shows!

[@basils9754]

Patiently waiting for the next season to come out

[@gradientO]

Thanks Vice for this tutorial

[@stringcheese27]

This is a great tutorial.

[@Rezin_8]

Thanks for trolling every Americans web activity 🇺🇲🥸😎🌎 alot to chew on 🤯

[@afinesse7770]

@@Rezin_8 that’s a hard pill to swallow.

[@HasanNassrallah]

😅

[@Currentlyprocrastinating37]

@@Rezin_8 what does that mean?

[@Grimenoughtomaketherobotcry]

Their needs to be an investigation into how churches and charities are used to launder proceeds of crime. I would think cash donations and tax-free status would make this an irresistible money laundry for criminals.

[@junwooo]

It has been. Why do you think the Republican party is so aligned with churches?

[@freddiejones4598]

Good use of the word their 😂😂

[@Grimenoughtomaketherobotcry]

@@freddiejones4598 I get up at 5:45am to work for a living. And I'm 60. I think I'm at least entitled to the odd misplaced "their". And you might consider not being such a dyck about other people's spelling errors.

[@scoutkbartholomew722]

I'm not sure what kind of government oversight our government does for churches. This should be a great Vice segment. Are you watching vice?

[@afkossi6660]

The mob has been using this method for decades.

[@vishalgiraddi5357]

India : just declare it as ✨agricultural income✨

[@dasalekhya]

or NPA - *Non Performing Asset*

[@badreddinekasmi8919]

Algeria: just don't declare it at all

[@NitishKumar-jm7ec]

Not that easy

[@ronaksingh3220]

u think agriculture has that income u r delusional and way to launder money is god ask all temples

[@vishalgiraddi5357]

@@ronaksingh3220 for one, most rich temples are controlled by state governments, so sgut the fvck up Next, who cares if the money is legitimately from agriculture ?, Many corrupt people just declare black money from other sources as agricultural income & evade taxes Atleast try to understand what others are saying before s#itting all over the cs & making yourself look like a salty Karen ,bye 🤡

[@adampalmer5399]

I love these videos! Keep up the great work VICE! 🤟

[@27jerry27]

"Dirty Hands Clean Money, Clean Hands Dirty money" - Sun Tszu Art of War

[@MSK-qy1tj]

🤝📈

[@CIARUNSITE]

That's only because he wasn't around to see news stations do undercover investigations of scamming contractors.

[@Armendosmaciato]

@@CIARUNSITE im gay

[@viktorcheng2061]

Sun Tzu 孫子

[@SamiiRSMT]

@@CIARUNSITE im in the toilet right now

[@brokentombot]

I'd like to see something about how "artwork" is used to launder money. I've seen so much art (including an invisible statue) sold for stupid money and often anonymously and figure it must be a laundering scheme.

[@cristianperez2047]

You’re on to something.

[@hugonongbri8100]

@Christos Montariou Im pretty sure NFTs are just another way of laundering

[@idunno2379]

Nah man you just can’t see the beauty in art.

[@Aquablue62]

@@idunno2379 someone duct taped 3 bananas to a wall which each sold up to $120,000-$150,000 that doesn’t sound like beautiful art

[@jacktringoli3299]

Jokes on you my friends and family are constantly running into my invisible statue because I'm always moving it around and it was the best money I've ever spent lol

[@DietBloodCola]

There is no way he could be guilty, he's got pretty pink hearts coming right out of his head

[@isaacelna7108]

... .gmt

[@chrisr393]

From wikipedia: On September 28, 2021, Griffith pleaded guilty at a hearing in which he expressed remorse. Sentencing with a likely jail term in the range 63-78 months is expected in January 2022

[@VampirusX]

The laywer is the real life Saul Goodman... same MO and even a very very similar appearance.

[@tippwilliams5696]

Spot on pretty sure they made the show off this guy now😂

[@zinjanthropus322]

Except the British accent

[@peteradaniel]

@@zinjanthropus322 ?

[@zinjanthropus322]

@@peteradaniel Saul Goodman doesn't have a British accent like the look alike in the video.

[@peteradaniel]

@@zinjanthropus322 I think the comment is referring to Ken Rijock the American lawyer who embezzled millions in narco money, not Geraint Anderson the British trader who’s advising in off shore accounts and banking procedure.

[@Nairod2]

You open up an art gallery of worthless pieces where you trade political favor for money.... Oh wait no that is money laundry.

[@richi5355]

it's crazy that the media is not talking about it more

[@Nairod2]

@@richi5355 no idea what are you talking about, this is all hypothetical. "wink wink"

[@jantelopez5626]

you want to talk worthless trade... a lot of money that disappears into the finance industry is for services that could be better done by supervised algorithms which could be written and peer reviewed by an open process scientific process - to be as robust, resilient and fair as possible.. not just the whims of some boobs with no imagination or interest in people.. competing with other boobs with no imagination or interest in people

[@jantelopez5626]

also nothing an estate agent does is more skilled than a market trader combined with an office administrator.. it isn't a job that should make ordinary people less able to afford a house - and we dont need millions of estate agent companies that cause millions more hours of checking that they aren't laundering money or dodging tax - We over-reward people for doing basic sh*t like making an advert and a logo and call it "innovating" - while technical literacy is absolute dogsh*t and treated as a niche in countries like the uk and gets f*ck all investment or allowance that doesn't have to go through big business or finance systems that already get a lot of allowances from the government

[@Nairod2]

@@jantelopez5626 n_n you sound like an Agent trying to caught a fish with entrapment.

[@Gabson9]

I just found 20 bucks on the street. This video helped me a lot to clean them. Thanks!

[@xSP3CTREx]

Make 'art' and 'sell it' for 500k

[@charlieg1731]

Taking a page from hunter Biden lol

[@NitishKumar-jm7ec]

They're gonna take a look at that art

[@Ahmed-un4up]

@@NitishKumar-jm7ec just say it’s abstract

[@Justin-yt7pi]

#sigmamale

[@Snagabott]

@@NitishKumar-jm7ec Pollock says hi.

[@brianscott9323]

A bank being criminal? Ive never heard of such a thing.🤑

[@jocap3837]

Don't mind me I'm just here binge watching The Business of Crime series Thanks VICE!!!!

[@5h5hz]

I'm confused why they brought on this Virgil guy and then didn't interview him? This video is really just a simple explanation of money-laundering wrapped up in a slick presentation...

[@GeliCarlosJ]

...the video title is "How to clean Dirty money" not focusing on the Virgil guy

[@GR-sg2lv]

HSBC gets caught helping launder money = pay fine / cost of doing business.

[@shottingham]

You only go to jail if you can't pay the fine.

[@sko1beer]

HSBC only got caught because it stopped siding with the CIA

[@ThornsOfOurTime]

i remember when that scandal happened, i think they paid fine as tax write off, but equal to for them paying 2 weeks earnings

[@featuresnobodyaskedfor]

Despite being fully aware of what money laundering is, when I read the title of this video in my mind it was about washing bills that got dirty.

[@javierjp8549]

Vice should do a video on how the CIA laundered their money

[@amaturecheese4623]

"We are facilitating corrupt dictators from looting their countries."

[@TheRealMikeMichaels]

Imagine what the US government officials does.

[@alexd.3048]

Here we can see VICE in it's true form: giving interesting information on cool topics... but wrapping it in a politically correct and biased hull. What is a few billions or trillions per YEAR in comparison with almost 100 trillions (worth of the global economy); let's not talk about complex financial structure to dodge taxes; let's not talk about fake art galeries to launder billions; let's not talk about the money-printing-machines of our countries....

[@originalunoriginal4055]

And what exactly will you do about it!? US government has invaded many countries, ocuupied a dessert nation for 2 decades, with $billions thrown for financing the military operations. Doing what it pleases without any backlash. You won't do anything about it, even if you possessed adequate evidence linking corruption to the US government!

[@sshlept8070]

We.

[@dannyrunny]

Boe Jiden and his family do it and go unpunished 🤣🤣

[@Mark-zg4ky]

@@alexd.3048 do you mind explaining the bias in this video? I genuinely did not see what you were talking about

[@TrueCrimeQueen]

Love these videos 🙏🏾🙏🏾

[@MartyD]

Is there such thing as clean money?!

[@Tripskiii]

yes... its money you work for... smart ass.. next are you going to ask, do trees make a sound if they fall when there is no one there to hear it?

[@DaveSCameron]

Not after being in my wallet...

[@nightingale8154]

@@Tripskiii How do you know if your boss isn't paying you with "dirty money"?

[@nightingale8154]

@@Tripskiii Employment can easily be a laundering technique just sayin

[@karmakazi219]

Only if it came straight from the mint.

[@rustedbiscuits874]

Governments would never strip a bank the size of HSBC of their licenses. That would cripple the bank and cause it to crash leading to tanking economies. To big to fail

[@wukilla8ee]

Glad to be on a watch list with all the rest of you!! Ozark BAAAABY!!!

[@lovenature904]

Thank you. I really needed this information.

[@tiffetamusic]

Wanna get this bag💰 @Aaaronn Margelet(read backwards)

[@prettygoodgamer]

I just wanted to know how to clean my money I didn't even see a drop of soap in this video. 1/5 stars

[@03stmlax]

Thanks, Vice! I knew I could count on you to teach me how to do illegal things

[@tiffetamusic]

If y’all Wanna get this bag💰 @Aaaronn Margelet(read backwards)

[@larimartinez8161]

this tutorial is boring

[@TekkLuthor]

I've been looking for this info all over the place. Thanks Vice

[@tiffetamusic]

Wanna get this bag💰 @Aaaronn Margelet(read backwards)

[@benkd7521]

after watching the blacklist tv show, I had a greater understanding of how the underworld works. this has been happening for decades and no one can stop that.

[@ichabodfrances8544]

He's an alumnus of my high school and actually came to talk to us before all of this. Kinda surreal

[@omarperezpulido2388]

Watching this reminds me of the show Ozarks, highly recommend it👌👌

[@deandrefriendly550]

It’s such a good and underrated show

[@mil.o]

Thanks for this updated 2021 tutorial

[@tiffetamusic]

Wanna get this bag💰 @Aaaronn Margelet(read backwards)

[@Playtoallwins]

FINALLY Vice are you comming back !?😲

[@MsSunstoned]

Like HSBC has never laundered any money. In the 80's they were called Hong Kong Shanghai Banking Corp. Who launders more money in the 80's than banks. I wish Vice would have called them out instead of pretending that they are out there rooting out the launderers. BS

[@dzdz8497]

These summer classes are getting out of hands

[@queenofthebutterflies5212]

This needs to be seen by every citizen so they realise how the world is truly run.

[@Lillio_]

Vice is back with proper content lately

[@jackmiller1209]

This is well made journalism. ❤

[@gm7388]

Anyone else notice that the ex banker at 1:40 is the former investment banker from the informer video?

[@llupillapa169]

Thanks for the useful information

[@tiffetamusic]

Wanna get this bag💰 @Aaaronn Margelet(read backwards)

[@Scxoop123]

This was an excellent piece Vice... Bravo

[@xaynmemon2559]

Saul taught Pinkman about money laundering in the best way 😂

[@Kizmirazz]

The “Good Girls” taking notes 👀📝

[@DaveSCameron]

Are you referring to the males of Manchester?

[@JudithMolamo]

😂😂😂😂 right?

[@Kizmirazz]

@@DaveSCameron I was referring to the TV series in the States.

[@DamnJayNews]

Can’t believe the shows over 😫😫😫

[@gidd]

@@DamnJayNews It ended? im still in season 2

[@FCcommando]

Why do I always end up watching this channel at 4 AM?

[@mismisman]

i cant wait to use this for educational purposes

[@tiffetamusic]

Wanna get this bag💰 @Aaaronn Margelet(read backwards)

[@letspetpuppies]

We need more empires of dirt episodes

[@olliekrishnamma3190]

1:39 is it me or does Geraint Anderson sound exactly like the ex banker in Vice’s ‘Informer’ series??

[@stevenl299]

Yes exactly . Same guy

[@tacogaming9211]

thank you i needed this.

[@lr2797]

Thx for the tutorial

[@austiniscoolduh]

If someone canceled the bank’s license, they would be assassinated instantly lol

[@swatkabombonica4103]

Yes! I needed this 🙂

[@tiffetamusic]

Wanna get this bag💰 @Aaaronn Margelet(read backwards)

[@reddy7843]

@@tiffetamusic what ur telegram id bro

[@tiffetamusic]

That’s it up there? Starting with @

[@shlumped69420]

when the picture of the guy in the suit with the skyline behind him came up, i thought i was in a gta load screen for a second

[@Gulfcamel]

Beautiful video

[@Bettinasisrg]

The more money a person has the more corrupt they are in concealing it. Drugs should be decriminalized then where would they be?

[@fatmanjebis]

I used to use government casinos where I live not saying where but I loved it

[@crothert]

Use casinos 🎰?

[@mickym.6711]

Walk in. Buy in at a table game. Roll dice a few times cash out. Place chips in a bag. Go to another game. Buy in with new dirty cash. Play a few hands. Color up. Place chips in bag. Do the same over and over and over. Go to the teller. Cash out and pay the win-loss tax form. Easy peasy.

[@user-xd1yi6tx3m]

thx for the tutorial!

[@howwitty]

Great piece, not enough attention is paid to dirty money laundering.

[@AntonioKowatsch]

I know Virgil. He's a good guy. He just made an unlucky decision that caused unforeseen consequences.

[@randypullman1155]

Apparently people don't realize how easy it is to wash money

[@mickym.6711]

It's easy up to a certain amount. Millions is much more difficult. The IRS agents aren't a buncha dummies. They know approx how much your restaurant/laundromat/car wash is raking in.

[@Danklovic]

thanks for the tutorial

[@AlexandraG_]

Fascinating video.. I love seeing whats actually going on in the world not on mainstream "news", I really like this reporter, her voice is easy to listen to.

[@aayush_789]

You didn't explain how crypto could be used for money laundering

[@Regginyx]

Wow I can't believe Virgil's life has fallen into DiSaRrAy shame for the real king of the nerds; good luck king

[@doet707]

I immediately thought of many other ways😬

[@Henersjohnston]

5.56 is the same guy from the investment banking video I think

[@jammerman860]

ONE DAY I WILL CONQUER THE WORLD of war games💀

[@chrispyzander]

All this people commenting first / 2nd etc. You also post a tweet being 5th at the supermarket ?! 🤔

[@77Fmydog]

hahaha ya and they tuck there shirts in

[@adrianbrian634]

Thank you so much for this information

[@tiffetamusic]

Wanna get this bag💰 @Aaaronn Margelet(read backwards)

[@tiffetamusic]

Wanna get this bag💰 @Aaaronn Margelet(read backwards)

[@user-xd1yi6tx3m]

thx vice for the tutorial!

[@ZxrelentlessxZ]

The whole word is corrupt, it’ll never get better only worse

[@CLB134]

The whole word?

[@eviltwin906]

Lol

[@josullivan5189]

That’s like saying you are corrupt

[@brokentombot]

The fact that banks and other monetary systems will not be held accountable tells you the governments in power cannot hold them accountable. Why? Either the government is weaker than the bank or the government is profiting from the bank.

[@pz822]

Thank you.

[@icas6459]

Isn't that Geraint guy the guy from the investment banker Informer video?

[@pocketrocket6494]

This hosts voice is so soothing!

[@phuckyoutube5927]

Really ?

[@ForeignWarren]

shes horrible lol. sounds AND looks like she's reading the prompter. Does not sound natural at all.

[@somecuriosities]

06:26 _The_ _only_ _effective_ _punishment_ _that_ _regulators_ _can_ _levy_ _on_ _a_ _bank_ _is_ _the_ _death_ _penalty:_ _that's_ _the_ _loss_ _of_ _the_ _banks_ _licence._ I bet the folk in the comments here could think of a more literal death penalty to levy on those banks and their banksters.

[@jacobedward2401]

I mean, just a little bit of jail time would be nice.

[@somecuriosities]

@@jacobedward2401 I mean, you do know the number of crime lord's that continue to operate inside prisons isn't exactly non-negligible, right? The way you or I think of a prison sentence, or the prospect of one, is completely different from the paradigm through which they view the world.

[@mickym.6711]

@@somecuriosities I can assure you that bank executives would not enjoy prison...but they'll never go so what difference does it make?

[@somecuriosities]

@@mickym.6711 A death sentence is proven to be an ineffective deterrent for "blue collar" crime. People committing those kinda crimes just fundamentally don't weigh up such penalties before doing their dastardly deeds. But I bet ya $20, introduce an effective death penalty to bank CEOs - a group that literally sociopathically calculates whether it is worth violating the law, regardless of the harm it causes to society, and all of a sudden you'll give those maniacs an incentive to reevaluate their little "cost to benefit" analysis.

[@joshisnot11]

The definition of “can’t live with it, can’t live without it.

[@jesl3054]

I watched this just to validate my Ozarks knowledge

[@rustyshakleford5230]

Gotta figure anyone buying artwork over $1mil is probably cleaning money. Americas Premiere has been doing this for years. His son is no artist. Very much a drug smoker. not artist.

[@Popacapify]

Premiere? Drug smoker?

[@alienwarex51i3]

Dude is probably smoking big drugs and making fire pieces of art my G.

[@Renwoxing13]

We already learned this in: Breaking Bad‼️‼️‼️💯💯💟 BTW... NO it does not sound complicated. It sounds very simple, and very easy to accomplish ‼️‼️‼️💯💯💞

[@tiffetamusic]

Wanna get this bag💰 @Aaaronn Margelet(read backwards)

[@thetelevision5091]

The FBI is probably putting everyone who is watching this on a watchlist.

[@johnlafrance2692]

Lmao when I first read the title I thought it was actually how to physically clean money

[@alexw7629]

U can learn a lot of stuff u probably shouldn’t know on vice 😂

[@leonards9871]

yet it’s still entertaining

[@georgea.4125]

You believe you shouldn't know about banks being accesories to money laundering of cartels?

[@meromeronomi4676]

I dont trust the name griffith ..... Might be a godhand

[@swirrllfolfsky9803]

Lol I'm probably on a list somewhere now. Been binging the business of crime series... Hi fbi agent! Have a great day!

[@daviel]

It always has to be the government to judge the people, but you don't even treat your people right.

[@robertsilva1016]

I Wish I Had $40,000 Euros

[@johnqpublic2718]

And yet KZbin censors videos on cleaning firearms…

[@stefan_4508]

Thanks Vice

[@nicholasali2182]

KNOWING IS HALF THE BATTLE 🙏🏿

[@malcolmstanleyvambe]

I’d rather use privacy crypto currencies like Apollo currency, monero, dash, zcash, zcoin, etc.

[@FinancialShinanigan]

US Government: why clean money when you can simply make them.

[@jayhernandez5508]

They make some great points in this vid, as far as why money laundering is bad. Though, I would ask this. With how expensive everything has gotten, and how hard everyone is working to live. Does Uncle Sam really deserve to know about every dollar we make?

[@yuriysynytsya4028]

Ah this is the checklist i was missing

[@87h87]

I love people who know nothing about crypto acting like they know what they're talking about and trying to explain it despite not actually knowing anything about how it works lmao

[@connorwilson8078]

Let’s hear it then need, what do u know about crypto🤦🏻‍♂️😂

[@wyattshuckerow4007]

I hate people that make blanket statements about how people know nothing about crypto when they themselves prove no evidence that they know anything about crypto....

[@2_2_4_3]

All know about crypto is I keep investing when it dips and HODL lol

[@windmacher]

I dont care what happens to that guy, as long as it doesnt influence Eth in a negative way.

[@lostavocado6236]

it would

[@daveharrison84]

Next time a politician promises to get tough on drug cartels the response should be: "Then you better get tough on multinational banks such as HSBC who launder their money".

[@AmishWebmaster]

5:37 major point made here about laundering