Malcolm Armsteen wrote: ↑Tue Dec 26, 2023 3:50 pm
Doesn't seem much. Or would one 'firm' have a number of such barbershops under their wing?
It would seem an easy thing to bust.
I know little of Economics, but #1 son studied the subject.
Some popular writers (eg Freakonomics) have spotted the similarities between organised crime and the franchising model.
Lots of local, nominally independent street operations, with a share or profits kicked upstairs to a Paulie figure.
The crime family model ensures that business continues if the kingpin gets jailed (Unless the successor is a Fredo character).
The street level characters are expendable, mainly protected to ensure no other kingpin moves in on the turf.
Laundering through small business works for the street level operations.
It's also a nice job for the gangster's wife who "Thought he was a legitimate businessman".
It follows that the higher echelons of the business will have bigger and more sophisticated laundering methods.
Property would seem a natural one.
* Acquire some shops on a run-down high street.
* Have your operative open the laundering storefronts, and pay you rent (That's part of your kick back covered).
* Repeat the process and sell the improved shops for a significant payday.
Back in the day, one of the original fronts was the 24 hour laundromat (Hence the name).
Within living memory, minicab firms were popular.
Both have advantages of providing an ever-available base of operations, and a logistic network for moving low volume, high value goods.