Money Laundering

Post Reply New Topic

one thing i have noticed is money laundering in workplace
i worked for a NGO which was funded by a rich millionaire

and my project heads, supervisor were busy money laundering
they were bringing in trainers, camping experts who were known to them
and making deals with lakhs

they forced we teachers to attend overnight camps and picnic
with kids and in this process they got lot of commission from
trainers and camping guides

but actually many trainers were not trainers they were just plain
streetwalking people

i wasnt taking keen interest in this money laundering business which was
actively done by my coworkers also

does anyone else notice this at workplace

My old job was pretty corrupt. No money laundering but they used every corrupt loophole they could to pay us workers less than minimum wage. Then they claimed if they paid us minimum wage they'd go out of business. If they can't generate enough revenue to stay in business while complying with the minimum wage laws that's their fault, not ours. Let them go out of business.

ur saying something else i was pointing to other issue

Ah, yeah, I worked for a company like that for awhile. Then I got chewed out for quitting without giving two weeks notice. Unbelievable they expected me to still be professional when they weren't.


As for money laundering, I'm not aware of people doing that too much at the companies I worked for, but, that's mainly been finance and healthcare. I know a couple of people who got caught doing it in their jobs... basically they would take jobs only dumb people take, and rise up to management because it wasn't hard to outperform their coworkers, then they'd find various ways to skim money out. The employees would never seem to suspect it, but, eventually the owners would notice when their trends were out of whack.

i think it happens more in this 3rd world country
and due to clever schemish ways this corrupt money laundering people outsmart the innocent owners

Kinda confused about your terminology. I'm sure your place is corrupt, but I don't know if "money laundering" is the right term for the shenanigans you're descibing.


I think of "money laundering" as meaning taking big piles of money earned illegally (like drug money, or Al Capone's bootlegging profits) and then investing it in legit looking businesses to hide its illegit origins. That is- taking dirty money and making it look clean.

You're talking about something else- taking clean money- and- TAKING it! Or makng it dirty.

If your company were a front for a drug cartel - it would be money laundering.

But theyre taking legit money and pocketing it - so - I dunno "skimming off the top" maybe is the term.

Actually-yeah (Im thinking aloud here) if you steal a small amount of money from your employer- and THEN - make it look legit by hiring a wino off the street as "a consultant"- in some elaborate bookkeeping scheme to cover up your theft- then I guess you could call that small scale "money laundering".

But still- I dont think thats the right term to use.

hmmm...
i didnt check the dictionary for correct meaning
but whatever its some scam kinda thing going on there