A while back, I responded to Trump trading card scheme as potentially a money laundering scheme. Here's an explanation of how Trump could launder dirty money or some other grift or graft without having to report the transactions.
While everyone was laughing at Trump and his NFT trading cards, was he laughing his way to offshore bank accounts?
wegotthiscovered.com
A video inside that web page explains it.
this is the gist of it:
"Trump had 45,000 cards made, but was only selling 44,000 on the website at $99 — for a net profit of just over $4.3 million.
the FAQ section stated that there was a “strict limit” of 100 Trump trading cards per purchaser or household.
100 cards at $99 each amounts to $9,900 — or a mere $100 less than $10,000, the required limit that the Bank of Secrecy Act imposes on transactions that must be reported. “So he can get more than $4.3 million dollars and never have to disclose a single one of the transactions involved,”
So, all Trump needed to do was buy up his own cards using a stash of dirty money and presto chango! 4.3 million dollars all nice and clean with zero accountability for where the money came from.
The cards sold out in less than 12 hours.
and then there is this:
the shady shell company registered in Delaware that licensed the cards, uses Trump’s very own Trump International Golf Club in West Palm Beach as a mailing address. Nothing to see here!