I know a small business owner and Bank of America made him fill out paper work for depositing $3,000.00 into a merchant account. They also did the same when he deposited a couple hundred dollars in quarters. Seriously who is gonna launder money using quartes?
Depositing coins?
Try old fashioned laundromats, car washes, arcades and vending machines. Often used to launder illicit funds.
We had at least one FReeper that used to run a vending machine route on Staten Island. That made my world look easy.
When I started my vending routes, we used to occasionally get silver coins in the boxes ... yeah, it may have been a while ago.
[[Seriously who is gonna launder money using quartes?]]
Quarter Horses of courses
My bud runs a used car dealership. You will be amazed at how much paperwork he signs as the bank just to deposit cash from the same car buyers who paid mostly paid cash for cars.
I’m pretty sure the Vending Company I used to work for was doing it. What better cover. They did some big Biz for a 10 truck fleet. I ran the Inventory of Soda and Packaged food, Coke would send 2 40’18 wheelers every week of pallets stacked 2 high, Pepsi was 1 truck a week, Frito Lay product was 1 truck a week stacked floor to ceiling, Candy and Snacks 1 truck a week, Juices, milk, Snapple and Water. My office was 20’ x 20’ with a small desk, a chair, a 286 processor computer and printer, 1 phone line. The rest of the space was every Candy bar on earth wall to wall and floor to ceiling. I used to almost get sick walking into a Convenience Store and see the Candy aisle for several years after that job. Down the street was the Sandwich Shop making fresh ones every day to keep fresh ones in the machines. The Drivers would come in after servicing the machines with several (4-5) cloth bank bags each full of change.
The answer would be Las Vegas casinos. I believe there was a bunch of mob bosses jailed for just that.