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Phish100 t1_iuad7li wrote

Money started and ended in the same bank account lmao. You don’t know what u talking abt

−16

pearlescentVidrio t1_iuadhob wrote

I do actually. You deposited “dirty” money and got back “clean” money. It’s fungible. You had no source before, which is why you had ACH problems. Now you do, TD/“investing.”

This is my line of work. You literally performed money laundering, albeit shittily.

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computermademedoit t1_iualrfn wrote

OP is dumb but theres no part of this story that allows you to know for sure the money was dirty when it was deposited. All we know it was a cashiers check.

He committed fraud on the paper work, thats known. But we don't KNOW that he laundered dirty money. You just suspect it.

Settle down sherlock holmes

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pearlescentVidrio t1_iuannxp wrote

That’s now how AML compliance works.

The burden of proof is reversed. He has to prove it was/is clean.

Until then, it’s dirty. This isn’t a “beyond a reasonable doubt” criminal proceeding.

0

computermademedoit t1_iuavtky wrote

Even if I granted you this, which is sort of silly since this is a subreddit post and not an AML compliance review, it sounds like everything was fine. Sounds like they are releasing his money after hours on the phone with customer service.

I once deposited 100 dollars into a sports book because I saw odds online and I wanted to make a bet. When I got to the sportsbook the odds had changed. I withdrew my 100 dollars and they put it on a hold for similiar issue - to prevent money laundering. I told them what happened, sent my ID, then eventually released my funds.

Did I launder money there? No, clearly not, though the burden of proof to the casino may have fallen on me I did not in fact launder money.

And very likely OP didn't launder money either. He deposited money, found out he couldn't trade options, withdrew the money. This isn't money laundering and you have no evidence it is. You just suspect it is.

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throwaway_tendies t1_iuagdmw wrote

How do I launder money non shittily?

Ask for a cartel friend…

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pearlescentVidrio t1_iuah670 wrote

I bill at $300 an hour for my AML compliance work. $3000 retainer (evergreen).

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throwaway_tendies t1_iuahf5b wrote

Alright lay it out for me, if it sounds good I’ll Venmo you

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pearlescentVidrio t1_iuahj9i wrote

No. I’ll take cash. Up front.

This ain’t my first rodeo.

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throwaway_tendies t1_iuahlke wrote

I can’t pay cash it’s not laundered yet

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Jacarp05 t1_iuaj4ww wrote

So was it dirty money bc it was a cashier check? And he wired transfer out before it cleared?

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Phish100 t1_iuadpp6 wrote

If I was laundering money don’t u think I would’ve transferred all the money out after selling shares rather than only selling some and transferring out only a portion

−10

pearlescentVidrio t1_iuaebjj wrote

No. Thats called “plausible deniability,” and covered in money laundering 101.

Aka “It could not possibly be money laundering because why wouldn’t I withdraw all the money.”

You’re raising every flag lol. It would have looked better if you did withdraw it all, like you just weren’t happy with TD.

You tried to save your account, keep it open, to do it again. You’re an idiot.

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Phish100 t1_iuaf7jy wrote

I was keeping it open to use their platform, thinkorswim has the best charting out there which is why I chose them in the first place to switch to

−5

pearlescentVidrio t1_iuafdkd wrote

You kept it open to launder more money.

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Phish100 t1_iuagnqf wrote

Nope, got money from employment, then made a shit ton off Bed Bath and Beyond short squeeze in a Robinhood account, tried to move it to a TD Ameritrade account and then moved it back to Robinhood after finding out I couldn’t trade options on TD

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pearlescentVidrio t1_iuah0je wrote

Prove it. That’s your burden. That’s how AML compliance works.

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Phish100 t1_iuahicc wrote

Prove it to who? TD has only sent me this along with other standard monthly statements about my account. They have not directed me anywhere nor has their customer support

1

[deleted] OP t1_iuaf5wc wrote

He said you did it shittyily.. you might not be aware, or understand how it looks, but to computers you had a new account making money move around fast. It raises flags. You will get your 15k after it runs the default investigation process your transactions triggered.

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Snowwpea3 t1_iuatpv0 wrote

That the whole point of money laundering. To get clean money back.

1