Boxing and the mob

[Kirkland Laing]

Have you actually watched the doc?
It clearly states he uses/did use Boxing to launder his Money.
If you think that Sky and a company like Ticketmaster (think StubHub) aren't dodgy, think again.
I'm fully aware of how to launder money and make it disappeare 😉
Don't be so naive

It does not state that he used boxing to launder money. The only person making that allegation is some fifth rate boxing manager in America looking to try and get a shut up and go away payment out of the boxing management firm that stole one of the fighters this guy used to manage. Think about it. It's unlikely that this fucker has the kind of investigatory and subpoena powers that a law enforcement agency like the FBI or Interpol have, right? And yet no law enforcement agency anywhere in the world has any evidence at all on this guy for money laundering or anything else.

Sky and Ticketmaster are not dodgy companies. They're publicly traded blue chip companies that have layers of legal compliance that mean nobody criminal could get anywhere near any of their operation. Every penny these firms take in is via electronic payment, there is no way to launder cash through these businesses. To do so you'd have to have the active participation of hundreds of professional people who would all have to remain complicit. It's just laughable to even contemplate it.

Laundering money does not make it disappear. The entire point of laundering money is to make the money appear as profits in a business owned by the money launderer.

Consider successful drug dealers. They have a huge pile of illicit cash and need to turn it into licit cash so they can spend it on goodies like women and houses and cars and not go to jail. The traditional methods of doing this involve buying a laser tag business or a car wash, something that won't attract attention that say a heavyweight world title fight might.



These businesses need to be able to take cash payments so the money can be washed through the business, show up as legal profits, have taxes paid on it and then be used to buy goodies.

The boxing industry fails on all these scores. It attracts massive publicity, no payments are in cash, all of the money is instantly traceable down to the last press of a red button, down to the last twenty quid, and the really crucial bit -- the businesses that make the profits aren't owned by the criminals. Even if it was possible to launder money via this kind of massively public extremely transparent electronic payment business the profits wouldn't accrue to the criminals.

Maybe you could try laundering a few quid through small hall promotions but the net result is you're going to be left with a significant quantity of cash that you can't launder.

[smashup]

Have you actually watched the doc?
It clearly states he uses/did use Boxing to launder his Money.
If you think that Sky and a company like Ticketmaster (think StubHub) aren't dodgy, think again.
I'm fully aware of how to launder money and make it disappeare 😉
Don't be so naive

It does not state that he used boxing to launder money. The only person making that allegation is some fifth rate boxing manager in America looking to try and get a shut up and go away payment out of the boxing management firm that stole one of the fighters this guy used to manage. Think about it. It's unlikely that this fucker has the kind of investigatory and subpoena powers that a law enforcement agency like the FBI or Interpol have, right? And yet no law enforcement agency anywhere in the world has any evidence at all on this guy for money laundering or anything else.

Sky and Ticketmaster are not dodgy companies. They're publicly traded blue chip companies that have layers of legal compliance that mean nobody criminal could get anywhere near any of their operation. Every penny these firms take in is via electronic payment, there is no way to launder cash through these businesses. To do so you'd have to have the active participation of hundreds of professional people who would all have to remain complicit. It's just laughable to even contemplate it.

Laundering money does not make it disappear. The entire point of laundering money is to make the money appear as profits in a business owned by the money launderer.

Consider successful drug dealers. They have a huge pile of illicit cash and need to turn it into licit cash so they can spend it on goodies like women and houses and cars and not go to jail. The traditional methods of doing this involve buying a laser tag business or a car wash, something that won't attract attention that say a heavyweight world title fight might.



These businesses need to be able to take cash payments so the money can be washed through the business, show up as legal profits, have taxes paid on it and then be used to buy goodies.

The boxing industry fails on all these scores. It attracts massive publicity, no payments are in cash, all of the money is instantly traceable down to the last press of a red button, down to the last twenty quid, and the really crucial bit -- the businesses that make the profits aren't owned by the criminals. Even if it was possible to launder money via this kind of massively public extremely transparent electronic payment business the profits wouldn't accrue to the criminals.

Maybe you could try laundering a few quid through small hall promotions but the net result is you're going to be left with a significant quantity of cash that you can't launder.

It does which is why I asked if you've actually watched it yet, I've never claimed he laundered money through Sky TV just that they are dodgy like most huge media firms are.

Kinahan is head of a massive cartel and worth an insane amount of money.
By what means do you think he can poach all the top fighters he has done and pay them in the process....

The money he uses comes from somewhere, maybe he's really got a legit day job and was really good at saving it up and ploughs that into boxing 🤔🤣


Inside dark world of '£1billion drug lord' who helped broker Joshua v Fury fight

https://www.mirror.co.uk/news/uk-new...-drug-23505701

[SlimTrae]

https://www.montgomeryindependent.co...bb9483b16.html

Interesting that they're claiming a timely coincidence to Breland (finally) speaking out.


The sacking of Breland was revealed in October 2020, more than four months ago.

But the week of MTK Global’s major publicity problems, Breland coincidentally decided to do his first interview

claimed he never handled Wilder’s water. This was quickly debunked by several people on social media who produced video and photographs of Wilder jumping rope and working the heavy bag. Also, a picture of Breland handling water between rounds


My take is this: Wilder stands for WILD excuses, then even more WILDER excuses. Done deal I moved on.
However Breland speaking about him not training (sure looked in shape) then video debunks him, and then another shows him handling water, IMO Breland should've stuck to the script- Just say you and he parted ways. You tried, he wasn't listening.

But he got specific and those specifics appear to be wrong. Totally. Now he has reopened what should've been a closed case: Wild got whooped because he cant box.

[Kirkland Laing]

It does which is why I asked if you've actually watched it yet, I've never claimed he laundered money through Sky TV just that they are dodgy like most huge media firms are.

Kinahan is head of a massive cartel and worth an insane amount of money.
By what means do you think he can poach all the top fighters he has done and pay them in the process....

The money he uses comes from somewhere, maybe he's really got a legit day job and was really good at saving it up and ploughs that into boxing 🤔🤣


Inside dark world of '£1billion drug lord' who helped broker Joshua v Fury fight

For some reason I can't quote anything. The family has been laundering money for a long time -- the father has served time for doing it -- and they have a bunch of legitimate assets bought with laundered money. The money to set up the boxing management company will have come from legitimate sources of income. There is no evidence that they've laundered any money via the boxing business and no allegation that they have other than some idiot in America who has no proof. Exactly how are Sky and other media companies "dodgy"?

[TonnnnUK]

Another call from an MP for the government to do more about Kinahan's involvement. Still not sure what they can actually do, beyond criminal investigations which so far haven't let to enough for him to be arrested.

https://www.bbc.com/sport/boxing/56092035

[erics44]

Finally watched it, interesting to say the least

quite disappointed that i had been completely oblivious to this, i used to train in Jamie Moore's gym and have had a few convos with him at the time

wonder what the actual fall out from his shooting was, it was hardly mentioned on sky and when it was completely brushed over