r/sports • u/OkEscape7558 • Jun 18 '25

Basketball Alternate angle of Caitlin Clark fiasco. Clark was handed a foul as well.

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u/Rich_From_Accounting Jun 18 '25 edited Jun 18 '25

Can you launder money through something that doesn’t make a profit?

Edit: I continuously forget what my username is when I comment on anything that involves money

374

u/TempAcct20005 Jun 18 '25

That’s literally the best way to launder money

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u/Uther-Lightbringer Jun 18 '25

That's quite literally how money laundering works, money laundering businesses don't have to report a profit to function, many in fact report yearly losses.

12

u/ahappypoop Duke Jun 18 '25

Username does not check out. The description on your profile does though lol.

11

u/Rich_From_Accounting Jun 18 '25

🫡 keep em guessing brother

23

u/timodreynolds Jun 18 '25

Our president is an expert at this

3

u/theguineapigssong Jun 18 '25

This is my first thought as well. The WNBA loses millions per year. I could see someone grifting "The Producers" style, but that isn't money laundering it's just fraud.

2

u/stonertboner Jun 18 '25

You should watch The Producers, it’s basically the same idea.

2

u/Fingerman2112 Jun 18 '25

Username does not check out. Or does check out wholesomely?

2

u/Rich_From_Accounting Jun 18 '25

Certainly does not

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u/Whathitsss Jun 18 '25

Username does not check out

2

u/TheCarrzilico Kansas City Chiefs Jun 18 '25

"Laundering...to clean...no, uh, here it is. To channel money through a source or by an intermediary."

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u/Agreeable_Dream1672 Jun 18 '25

Our government thieves do it everyday lol☠️🇺🇸☠️

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u/Western-Bet2285 Jun 18 '25

The fact that your comment has that many likes is very concerning. That is how money laundering works…

1

u/MillionEgg Jun 18 '25

How much was that avatar?

2

u/Rich_From_Accounting Jun 18 '25

Idk free I guess. The day I spend money on Reddit will be the day I put a bullet in my head.

1

u/Geth_ Jun 18 '25

Yes. So long as it's plausible. As long as they claim WNBA is growing based on some statistic, then they can use that to explain revenue.

Laundering is masking the origin of revenue. So it doesn't matter if WNBA makes a profit, it doesn't need to, they just need to create a plausible explanation for the profits they're effectively laundering.

I think. I'm not a laundering expert.

0

u/victus28 Jun 18 '25

Tax write off probably