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Laundering In The 1920's Essay

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The 1920s was considered the Roaring 20s, the start of a new era (Elliot). Drinking, gambling, gangsters, mafia, and women's rights became the news that everyone would hear over a century. With the Prohibition Act in place, there was a plethora of secret clubs and bars in back alleys and under businesses; laundering came to be very popular among criminals. Laundering is the word to conceal the origins of (money obtained illegally) by transfers involving foreign banks or legitimate businesses. The gangster Al Capone basically invented the definition, for he brought out a ton of laundromats and would take the money he made and then go to the bank. If he would make $2,000, he would then say he made $12,000 and the banks would give it to him. Around this time music really took a turn for the best, jazz players, blues bands, and swing; the rocking beat that the flappers would dance and swing too. Times were different then, some say next to the 80s; the 20s was the best time for adolescents. Entertainment and pop …show more content…
Pub owners were going out of business. Sure enough, when one tells a country to not do something, something that they have been doing all their lives, they are still going to do it anyway. Therefore, in a way to retaliate gangsters and people in the mafia illegally imported alcohol into cities. From there they would take it to the closing businesses telling them the “you scratch my back I’ll scratch yours” kind of deal. This gave way to secret night-clubs under popular businesses in the cities. Not all clubs were secrets though. The Cotton Club was a well-known club, secret yet, not so secret. Some clubs were still around and open, but they “couldn’t” sell alcohol, like the Cotton Club. The Cotton Club was a club run by the gangster Owney Madden. Owney used the Cotton Club to sell his “#1 beer” to the patrons. Stork Club is another secret club to party and take part in drinking and

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