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Money Laundering in Hotel Industry

Question: 
Is it possible to money launder in the hotel industry?
Answer: 

by John Burnett: It's probably possible to launder money in any industry in which cash is used.

If you're asking how it might be accomplished in the hotel industry, I'll take a pass. I'm not familiar enough with the cash needs of the industry, and even if I were, I'd be reluctant to publish a "how-to" on money laundering.

Answer: 

by Richard Insley: If you're asking whether you need to keep an eye on the accounts and transactions of hotels, the answer is "yes."

First published on 08/31/2015

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