this post was submitted on 20 Oct 2024
113 points (97.5% liked)

Explain Like I'm Five

14263 readers
55 users here now

Simplifying Complexity, One Answer at a Time!

Rules

  1. Be respectful and inclusive.
  2. No harassment, hate speech, or trolling.
  3. Engage in constructive discussions.
  4. Share relevant content.
  5. Follow guidelines and moderators' instructions.
  6. Use appropriate language and tone.
  7. Report violations.
  8. Foster a continuous learning environment.

founded 1 year ago
MODERATORS
sabbah@lemmy.world
AradFort@lemmy.world
rikudou@lemmings.world
Don_Dickle@lemmy.world
Rikudou_Sage@lemmy.world
113
ELI5 How do rich people just hide their money in offshore bank accounts? Do they just call up the bank and say I want transfer such and money? How come the original bank doesn't catch on? (lemmy.world)
submitted 3 weeks ago by Don_Dickle@lemmy.world to c/explainlikeimfive@lemmy.world
35 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] humblebun@sh.itjust.works 0 points 3 weeks ago (1 children)

Also the old fashioned olive oil scheme is still in use

[–] lord_ryvan@ttrpg.network 1 points 3 weeks ago (1 children)

I can't find anything about it except fake olive oil sale.

Do you have any sources?

[–] Highstronaught@feddit.uk 1 points 3 weeks ago (1 children)

I think this might be what they are talking about. Brilliant video, the story just builds and builds and builds. https://youtu.be/K4yCXIZ32lk

[–] lord_ryvan@ttrpg.network 1 points 1 week ago* (last edited 1 week ago)

Oh cool, thanks!

EDIT Oh that's two hours, yeah sorry if that's lazy but I'm not going to watch a 2 hour video for a reference (and I'm too deaf to be able to follow this as a podcast). Thanks anyway!