Originally Posted by
RS__
You can explain where it came from if you just say you won it gambling.
Yes and No. One of the tests for money laundering via casinos is the "resource test" where they want to see if you actually have the resources for making the bets that win.
Of course if you won the lottery with a $2 ticket no resource test is required. But casinos are different. Let's say they took a look at your check that was deposited. The check comes from "The RS Casino." The first thing the IRS and other investigators will do is see how that check was generated. Did it come from tables or slots or was there a $2 entry fee for a $100,000 drawing? If it came from table play or slot play they will want to know about the bets made including time, denomination, etc.
Here's where it gets sticky: money launderers are not going to play with a player's card. Okay, so what does the FBI and the IRS and the DEA do? They ask the casino to review the tapes.
Well... it gets stickier. It's unlikely the casino kept the tapes beyond 72 hours and it's likely the investigation into money laundering started months or even years after the actual check was written.
That's another way these "gamblers" can squeak through especially if it is done at different casinos without any regular pattern. I will also refer you to the various articles about using casinos to launder money. Just what I have been writing.
Of course if the money launderer has forged an ID he doesn't file tax returns and doesn't give a hoot about the IRS probing his taxes either. We never even discussed that but that is another way the money launderers hide.
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