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Motown_Johnny

(22,308 posts)
Wed May 30, 2012, 09:07 PM May 2012

Could Super-Pacs be used to launder money? [View all]

Purely as a thought experiment......


Lets say you and I were partners in crime and we had several hundred million dollars of ill gotten gains in off shore accounts. What to do, what to do?


Well, we could set up a bunch of shell companies that were things like think tanks and consulting firms and maybe even a production company or two.

Then we could have a lawyer create some anonymous Super Pac out of a P.O. Box somewhere so we could dump all our off shore money into it and never need to disclose where we got the money from.

Lastly we could then transfer that money to our shell companies and say we received valuable advice about the crappy attack ads our production companies make against policies we don't like.



Since there are no disclosures about where the Super Pac gets it's money how would anyone ever know?


I hope I am missing something.

21 replies = new reply since forum marked as read
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I think you have it right ... JoePhilly May 2012 #1
Hey, super pacs are people too. MichiganVote May 2012 #2
i`d say yes madrchsod May 2012 #3
Mittens is a perfect example. No accountability, offshore, and 'IDK' works for him. freshwest May 2012 #9
Do bears Aerows May 2012 #4
Only if their first name is Stephen... freshwest May 2012 #8
I wish I could rec this 100 times. alittlelark May 2012 #5
they could get a mail drop in Bermuda like Romney Rosa Luxemburg May 2012 #6
I though Money Laundering was the purpose of Super Pacs SoutherDem May 2012 #7
I am talking about a way to make illegally obtained funds appear legitimate. Motown_Johnny May 2012 #13
I was actually being sarcastic SoutherDem May 2012 #15
Sounds like it. It would be ideal, bribe your politician and launder your money simultaneously. HiPointDem May 2012 #10
What do you think Gingrich has been up to? n/t Mopar151 May 2012 #11
Excellent point KT2000 May 2012 #12
Smart Thinking, Sir: It Is Probably Being Done.... The Magistrate May 2012 #14
I figured a "Think Tank" which did nothing more that parrot your own thoughts Motown_Johnny May 2012 #16
Giving People Something To Look At, Sir, Is An Important Element Of Camouflage The Magistrate May 2012 #20
The Fleecing Of Ricketts... KharmaTrain May 2012 #17
Yes I believe they could and do. Uncle Joe May 2012 #18
Sounds good to me! Let's get started! malthaussen May 2012 #19
If I had an extra $20K of dirty money, I'd donate it to you. nt DCKit Jun 2012 #21
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