As Newsweek points out, the “Never Surrender High-Tops” are shiny gold high tops with an American flag on the back, and have since sold out on the website they were promoted on.
Wouldn’t that be a pretty terrible way of laundering money though since inventory and sales are pretty easy to verify? Like how would one inject dirty money that would wouldn’t be blantly obvious?
You overpay for a trash product not because you’re willing to buy the product at that price, because you believe that is what it is worth, but because an investigator can’t prove you were just doing it to transfer funds.
For another example, all these political talking heads pumping out a ghost written book no one will read that sell out immediately and make the best seller list because a PAC buys all the copies.
I don’t think that’s what’s happening here though. A thousand sneakers at $400 isn’t hard math, and while that’s a lot of money on a personal level it’s nothing to a man that just ate a $300 million fraud judgement.
Two words Money Laundering
That’s four words
It could be more.
Wouldn’t that be a pretty terrible way of laundering money though since inventory and sales are pretty easy to verify? Like how would one inject dirty money that would wouldn’t be blantly obvious?
You overpay for a trash product not because you’re willing to buy the product at that price, because you believe that is what it is worth, but because an investigator can’t prove you were just doing it to transfer funds.
For another example, all these political talking heads pumping out a ghost written book no one will read that sell out immediately and make the best seller list because a PAC buys all the copies.
I don’t think that’s what’s happening here though. A thousand sneakers at $400 isn’t hard math, and while that’s a lot of money on a personal level it’s nothing to a man that just ate a $300 million fraud judgement.
Nice try FBI, but you’re not getting me to confess.
All kidding aside. Everything Trump does is the terrible way of doing things.