Organized Crime In The New Millennium

Other gambling: Money is spent on gambling, preferably on high odds games.
One way to minimize risk with this method is to bet on every possible outcome of
some event that has many possible outcomes, so no outcome(s) have short
odds, and the bettor will lose only the vigorish and will have one or more winning
bets that can be shown as the source of money. The losing bets will remain
hidden.
Black salaries: A company may have unregistered employees without written
contracts and pay them cash salaries. Dirty money might be used to pay them.
Tax amnesties: For example, those that legalize unreported assets and cash in
tax havens.
Transaction Laundering: When a merchant unknowingly processes illicit credit
card transactions for another business. It is a growing problem and recognized
as distinct from traditional money laundering in using the payments ecosystem to
hide that the transaction even occurred (e.g. the use of fake front websites). Also
known as "undisclosed aggregation" or "factoring".
Page 173 of 372