The money earned through illicit means or corruption is converted with the help of businessmen by booking fictitious sales in the books of the company. The recent demonetization efforts of the indian government aims at giving a death blow to the black money and terrorist funding.
There is also another variant to this method.
How to convert black money into white through bank. Give him the amount you want to convert your cash into white. One of the popular ways to convert your black money into white is by showing the un accounted money as gifts you have received from relatives on an occasion like your marriage anniversary birthday or other such special occasion in the family. Deposit black money on the name of every family member to convert it in white.
How people are converting their black money into white money. After banning 500 and 1000 notes currency most of the peoples searched on google regarding how to convert black money to white how to trustly convert black money into white money so guys today after thinking a 3 days i got some ideas and these ideas are surely working for everyone so here i am going to share those ideas with all of you by which you can easily convert your black money into. During those days people were talking that the black money earned by the father is converted into white by showing the income from the movie.
Another easy way to convert black money to white is passing on some amount as a loan to others while charging a low interest rate of may be 1 2. He would give you a cheque back for the same amount less 4. In addition to those mentioned below there are many other methods which people use to convert their black money into white money.
Another popular method for converting black money to white is to open bank account on each and every individual family member. Go to a jeweler. This offer is lucrative enough for others to take up the loan and a way out for black money recipients during this period of crisis.
Another way you can convert black money into white money is by showing a bogus loan entry. Firstly this is a way where you can give black money to a relative or a friend and take a cheque from them. Invest into various sectors of finance.