Why Money Launderers Love $100 Bills
Hardly anyone nowadays seems to carry much cash, never mind carrying around a bunch of $100 bills. So why does the amount of physical cash in circulation — especially big denominations like the $100 bill — keep increasing? There's a pretty obvious answer. All those dollars are being laundered and used by criminal enterprises. In this episode, we speak with journalist Oliver Bullough, author of…
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- Odd Lots: Why Money Launderers Love $100 Bills (Podcast) bloomberg.com
