[teddyh]

A mixer is not “money laundering”. As I understand it, “money laundering” is when you conceal from somebody, usually the tax authorities, the reason you have the money. If someone has no income to speak of, and still has a lot of cash, that’s suspicious. A “mixer” in this case would be analogous to exchanging the physical bills for bills with different serial numbers. But this does not alleviate suspicion, the problem of the money being unexplained remains. So they can “launder” the money; i.e. pretend that they have a hair salon business or something similar, and then declare that a lot of people are coming to their salon and spending money, even though there aren’t. But this now provides an explanation for the amount of money they have; the money is now “laundered”, even though it’s the same physical cash as before.