How do drug dealers who have millions buy big Mansions and expensive cars and get away with it? all cash?

Question

how do they buy mansions in like beverly hills and miami and stuff.. how do they buy mansions and all that furniture and live a luxurious lifestyle, and how do they buy the most expensive cars w/ out getting caught?

Answer 1

You should read the book "Freakonomics".  It is a book backed up by the research of economists, and one chapter is actually dedicated to this very question.  REAL drug dealers do not live the way they are represented in TV shows and movies.  For the most part, they actually live quite modestly or in poverty (or as put in the book, "with their mothers").  The only ones who make the big bucks are the ones at the top, and there are very few of those.

So I am assuming you are asking the question based on the way drug dealers are shown to live on TV/music videos/movies - which is completely false.  But to answer your question about how some of the more "successful" ones buy expensive things without getting caught, I suppose they get away with it because no one asks you where you got the money when you buy a new car or house and don't require any type of financing.

Hope this helps.

Answer 2

Somebody somewhere is taking a bribe.  Surely, they must be paying off somebody.  They probably keep the cash in a safety deposit box in the bank, not a bank account.  Or they might stash their cash in an overseas bank account.

Answer 3

As you may know, US law requires you to report all transaction in cash (or cash equivalent) that are over $10,000 . Several related transaction that are individually under $10K that total over $10K must be reported as well. I assume that there is an equivalent or more stringent law in Canada and UK.

  There was a huge bust of several car dealerships in D.C. that were selling expensive cars for cash. So people do get caught.

   The answer to your more general question is that most corrupt people pay off a lot of other corrupt people in cash to prevent from getting caught.

Answer 4

You got it ,that and "muscle"!

Answer 5

What does this have to do with Royalty?