Drug Kingpin Explains How Money Laundering Actually Works | The Connect w/ Johnny Mitchell | Ep #3

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Published 2022-10-06
#narcos #trap #drugs

Former drug trafficker Johnny Mitchell breaks down the process of money laundering and all of the best ways to launder drug money, as well as the mistakes he made during his time in the game. He goes in depth on how drug cartels clean cash, and gives advice to mid-level dealers who want to use the business as a springboard into the legitimate world.

0:00- Intro
01:35- Authorities seizing drug money
02:18- What is money laundering?
03:22- How cartels launder their money
05:22- Middle class money laundering
05:55- Washing money in Las Vegas
06:56- Buying and reselling items online
08:27- Laundering money using cash gifts
11:10- Places I hid my drug money
13:46- How the cops found the money
15:43 -The three steps to laundering money
18:03- The goal of the game is to build a dynasty
21:12- Money laundering is a dealers' privilege
22:47- Outro

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All Comments (21)
  • “Behind every great fortune is a greater crime” wow thats so true.
  • @legacyal3489
    Bro this dude is spilling al the secrets hahahhaha, I love it. I've never sold drugs or laundered money, but I'm in Finance and that's the same system that companies worldwide use to hide their money in other countries
  • @goodtimeninja
    I lived in Vegas for a few years and there are pawn shops that are just full of junk. They would be annoyed that they’d have a customer. I always knew it was because it wasn’t there to make money but to launder it.
  • @theconnectpod
    Thanks for watching and make sure to leave like and leave a comment for the algo
  • @64maxpower
    I was going to be a gangster. But they made me assistant manager at Home Depot and now I'm set for life
  • @grizcuz
    As a wise old timer once said to me when I thought I was an invincible kid: you have to be permanently lucky, the law only has to get lucky once and you're finished. Far better to put your time, talent and hard work into something legitimate. Even if you fail, you've gained experience and some wisdom about what went wrong and how to improve. If you're getting up to shady dealings, the entire ship almost always goes down with you and then you're looking at not being able to do something positive with your time when you're locked up. I feel for kids these days, because the opportunities to make legitimate money are dwindling by the year and the lure of 'easy money' must be very hard to turn down when the alternatives aren't always obviously apparent. Still, it's better to make honest money as a plumber or an electrician than risk being locked up and then finding that it's even more difficult to make good honest cash on the outside when your name has a record attached to it. You aren't always going to sleep wondering if the law aren't coming through your door at 6am either. There's a lot to be said for being able to sleep without anxiety and a relatively clear conscience. So called 'easy money' is anything but once you factor in the psychological effects it has on a person.
  • St0cks are falling and b0nd yields are rising, but markets still don't seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $150,000 stock portfolio, what's the best way to take advantage of this bear market??
  • @byLags
    The lighting in this episode is great! Love the podcast/talks man! Keep up the good work!
  • @starchy512
    I have lived this life and did my time as well and everything you're saying is so accurate and on point it gives me chills and memories of stuff that I went through... definitely a learning experience and I feel like after paying my dues to society and doing my time I feel like I'm much more intelligent and aware of things in normal life rather then before when having to look over my shoulder as well. Dealing with cartels and things were always a thrill and excitement to levels I never thought I'd see. Except my business wasn't weed and I'm glad I'm out of that life now. Great videos though keep up the great content!
  • @repeatitwithme4481
    I’ve watched a few of your videos and you do an outstanding job when explaining the topic. The average square can fully understand that life. Well done!
  • @jay-t1030
    Using casino chips to clean drug money is extremely smart, safe to say a large percent of casinos revenue comes from cleaning drug money even to this day.
  • Don't you just love a good "How-To" video series! If dude would just add a few study notes, maybe throw in a final exam, I might be able to get some college course credits for watching this series. 😆😂🤣
  • So glad I stumbled across these videos. This guy is a really good story teller.
  • @jonbriscoe
    Bro this channel is blowing up can’t believe no one hopped on this sooner. Crazy views love it Johnny to Johnny 🫡
  • Just saw you on YMH with Tom and Christina! Instant subscribe! Love the stories man. Glad you made it out alive.
  • Thanks for this knowledge and insight man 💪🏾🤙🏾
  • @SeekFinance
    This is some of the best content on YouTube, keep it up man.