How to launder your G’s...
Posted: Tue Nov 05, 2019 10:58 pm
Let’s hypothetically assume for a minute that a group of 15 men run a world wide organization. These men come from a variety of professional backgrounds with a diverse set of business skills. Doctors, lawyers, former car salesman, professional educators, and businessmen.
Let’s think of the best possible way to legally set up this corporation to control the assets, foster unity, and prevent any type of hostile takeover or corporate vote in order to maintain control. Let’s set up a Corporate Sole where the senior board member is in total control of the organization and serves in that position until he dies.
Now let’s assume in this hypothetical situation that these businessmen described above are able to convince millions of people to donate a significant portion of their earnings to this corporation.
How do the board members get paid? Give them a modest stipend, right? What if the organization was purposely set up to funnel the assets to the board members illegally to enrich themselves and their dynastic families?
How do you launder the G’s?
Here’s a few ways:
You bring in contractors and consultants that work for shadow companies set up by the directors of the organization and pay them lucrative fees to consult on matters such as how to keep your donors from leaving.
You set up small businesses that sale clothing such as wedding dresses, religious ritual clothing, and underwear factories that make products cheap and sale them for 9 times the cost.
You set up printing companies, food distribution, travel accommodations, cattle ranches, media, radio stations, and most importantly real estate!
Real estate holds value, whether it be farm land in Florida, downtown condos in Dallas, or retail locations in middle America. Real estate holds value. It can be bought and sold in the name of anyone willing to donate it back to the organization in order to show loyalty to the corporate sole. Many transactions tax free.
You purchase stocks and invest in credit default swaps, derivatives, and sexy underwear stores. You invest in bonds, to ride the lows and highs of an inflated stock market hoping to be ahead of the cycle. You buy more real estate, invests in mutual funds, lemonade stands, and fancy Hawaiian resorts where you can vacation on the company dime.
Finally you set up banks and insurance companies that provide high interest loans to the above described businesses who may eventually default or negotiate higher interest rate terms paid over 30 years. Rinse, repeat, rinse, repeat.
When it’s time to be transparent and report the financial status of the organizations, you hire your own accounting firm to audit yourself and you stand in front of your donors and report that all is well.
You bleach, scrub, and re-wash the underwear until nobody notices the brown stains never seem to disappear but become part of the fabric of the organization.
That’s how you launder your G’s!
Let’s think of the best possible way to legally set up this corporation to control the assets, foster unity, and prevent any type of hostile takeover or corporate vote in order to maintain control. Let’s set up a Corporate Sole where the senior board member is in total control of the organization and serves in that position until he dies.
Now let’s assume in this hypothetical situation that these businessmen described above are able to convince millions of people to donate a significant portion of their earnings to this corporation.
How do the board members get paid? Give them a modest stipend, right? What if the organization was purposely set up to funnel the assets to the board members illegally to enrich themselves and their dynastic families?
How do you launder the G’s?
Here’s a few ways:
You bring in contractors and consultants that work for shadow companies set up by the directors of the organization and pay them lucrative fees to consult on matters such as how to keep your donors from leaving.
You set up small businesses that sale clothing such as wedding dresses, religious ritual clothing, and underwear factories that make products cheap and sale them for 9 times the cost.
You set up printing companies, food distribution, travel accommodations, cattle ranches, media, radio stations, and most importantly real estate!
Real estate holds value, whether it be farm land in Florida, downtown condos in Dallas, or retail locations in middle America. Real estate holds value. It can be bought and sold in the name of anyone willing to donate it back to the organization in order to show loyalty to the corporate sole. Many transactions tax free.
You purchase stocks and invest in credit default swaps, derivatives, and sexy underwear stores. You invest in bonds, to ride the lows and highs of an inflated stock market hoping to be ahead of the cycle. You buy more real estate, invests in mutual funds, lemonade stands, and fancy Hawaiian resorts where you can vacation on the company dime.
Finally you set up banks and insurance companies that provide high interest loans to the above described businesses who may eventually default or negotiate higher interest rate terms paid over 30 years. Rinse, repeat, rinse, repeat.
When it’s time to be transparent and report the financial status of the organizations, you hire your own accounting firm to audit yourself and you stand in front of your donors and report that all is well.
You bleach, scrub, and re-wash the underwear until nobody notices the brown stains never seem to disappear but become part of the fabric of the organization.
That’s how you launder your G’s!
