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Is there a law preventing me from for example selling a baseball hat for $20,000?

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[-] PrinceWith999Enemies@lemmy.world 20 points 10 months ago

This is the correct answer. Overcharging (and self-dealing) is typically used in tax fraud and money laundering.

Of course, no one would actually do that, especially if they were to later do something as public as running for president. The entire justice system, due to its fair and impartial nature, would come crashing down on their head with every resource at its disposal, and the people would riot in the streets if it treated such egregious crimes as less important than passing a bad $20 bill.

this post was submitted on 07 Jan 2024
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