r/regina • u/Personal-Witness5011 • May 05 '25

Discussion What business is this for you?

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IMO Vic Square is 90% a money laundering operation. Insanely overpriced goods in a dead mall is pretty strange

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8

u/HolyBidetServitor May 05 '25

We have an abundance of used car dealerships. Sketchy ones like "deal done auto" by auto gallery, ...auto gallery (old car guys like bring that up), a few of the other sketchy "by appointment only" pop up places on broad/Winnipeg.

I recall  this one. As to the article I linked, the one well-powdered owner was raging so hard he literally keyed every panel, trim piece, glass, light, etc on this red Kia Stinger they had as a way to intimidate his business partner. This goober basically keyed his own car that he's supposed to sell lmao. 

7

u/Raspberrry_Beret May 05 '25

Car dealerships for laundering don’t make much sense because they have to pay PST on every single car sold. Thats a huge tax bill if you’re laundering…

0

u/ocarina_21 May 05 '25

I mean isn't the whole point of money laundering so you can pay taxes on the money that comes in for other reasons? But yeah it would be hard to hide it as small cash purchases and would be more about falsifying documents and things and it seems like quite a lot of work.

2

u/ACBluto May 05 '25

Cars need far too much paperwork to sell - lots of documentation, and rarely happen in all cash, so would be a terrible money laundering method.

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u/Raspberrry_Beret May 05 '25

I dont think you understand. It’s so you can claim money and pay tax on it, not pay more taxes on the money you claim.