The gambling machines helping drug dealers ‘turn dirty money clean’

See on Scoop.itThings I Grab (Here and There): THgsIGrbHT

Dealers talk to the Guardian about laundering drug money through fixed odds betting terminals in bookies across Britain Dressed in a grey hoodie and jeans, James, 24, looks like just another lost soul on the high street, shuttling between the six…

plerudulier‘s insight:

Dealers feed their drug money through the machines, losing a little and then cashing out with the vast majority of their stake, James says. They can then collect a printed ticket showing they have gambled that day – meaning that if stopped by police, they can answer questions about why an apparently unemployed young man carries hundreds of pounds in rolled-up cash.

See on www.theguardian.com

About plerudulier

Primarily interested in interacting and engaging with people about issues related to profession but also charity, environment, ... you get the idea.

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  1. Money Zoom | Pice Money - June 13, 2014

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