Therefore, criminals are required to move money around to make it look like it was legitimately earned instead of through a nefarious act. If you obtain money through a criminal act, whether its theft, drugs, or extortion, you won’t be able to use the funds without attracting attention from tax authorities and the cops. The idea is rather simplistic and straight forward. However, the term is relatively new when it comes to law enforcement. The money laundering model has been in existence for centuries and shares a strong connection between casinos, organized crime, and the mafia. So why on earth is gambling always connected with organized crime and how are mobsters and gangsters linked with the gambling industry? Money Laundering However, when you visit your local land-based resort or online casino, none of these cliches are present.
Whether it’s in popular culture, television or movies, gambling and casinos are always portrayed as the foundation of the criminal underworld, or at the very least, an association with a criminal underbelly.
