“I never thought I’d say ‘$5 million for a banana’,” auctioneer Oliver Barker quipped as the bidding approached its climax. The banana displayed at Sotheby’s was reportedly purchased for 35c earlier that day.
“I never thought I’d say ‘$5 million for a banana’,” auctioneer Oliver Barker quipped as the bidding approached its climax. The banana displayed at Sotheby’s was reportedly purchased for 35c earlier that day.
Please explain, how is this used to launder money?
https://www.cnn.com/2020/07/29/business/art-money-laundering-sanctions-senate/index.html
https://www.artandobject.com/news/how-money-laundering-works-art-world
In the US, the average laundromat has an annual turnover of $142,000. Not nearly $5 million.