Where to temporarily put illegally obtained money

[Frank0101]

Hello everyone, hypothetically speaking I wanted to know just out of curiosity how a person should move to convert to Monero illegally obtained money. Starting from the fact that the money will have to be received in a European bank account and the goal of the person is to make them in cryptocurrencies to have no traceable money, what is the best choice to leave fewer tracks?

 

[JohnLocke]

Welcome aboard 🙂

To start with I will move your thread to the proper forum.

 

[Frank0101]

Yes, but assuming‌ they are online, they should first be placed in a European bank account, then there‍ are ways to convert them to Monero. The problem lies in the European bank account.⁠

 

[Bmw850]

Hypothetically, about Wich amount do we speak? And still hypothetically, when your non legit money‌ hit European account, first of all move it out the UE zone.
Then you are‍ relax with time , you put layers and then buy your crypto!

 

[Frank0101]

4-5k euros each month hypothetically speaking, I was talking about a European bank‍ because to do many things are necessary.

 

[Frank0101]

It is necessary to register it and the money⁤ comes from one company and theoretically to another company.

 

[TurnedToRobot]

You will have to setup a cover business to get a bank account. This won't‌ work otherwise.

 

[Frank0101]

Obviously it will have to be anonymous, but‍ is it possible to do it in Europe?

 

[myhand]

well depends on what you are actually will do with this company. If it's just‌ to fool the banks you don't need it to be anonymous only for that reason.‍

 

[Frank0101]

Yes, but assuming that that money is obtained illegally if⁠ they make inquiries do not go back to the holder?

 

[Propeller]

I would like to know‍ that too?

 

[myhand]

Where does this money comes‍ from? I would like to know "how illegal" this money is?

 

[Frank0101]

By illegally obtained I mean by scams or something‍

 

[Bmw850]

If the scammed guy ask for a reverse wire , and the money is still in‌ your bank account.
Yes in a few times the sender keep his money back and‍ you got a blocked account.

 

[JohnLocke]

Most often the bank will close your bank account and transfer the remaining funds to‌ an account of your choice.

But if you SCAM people you may be at the‍ wrong place.

 

[myhand]

please explain I don't hope I understand it correct.

 

[Frank0101]

I mean doing anything illegal that can lead to investigations, such as scams or something‌

 

[daxbr]

He said "hypothetically" and "just out of curiosity".