1. Offer for sale worthless Bits Of Nothing.
2. Using a shell company, purchase lots of your own Bits Of Nothing at high price.
3. Using another shell, purchase those BONs at low price. The market value of the BONs is now nothing.
4. At the new valuation, buy back the rest of the BONs.
5. Declare the process a loss, claim back taxes.
6. Don't bother to disclose that the funds used in the process were provided by a foreign unfriendly government and the whole thing was a money laundering grift.
2. Using a shell company, purchase lots of your own Bits Of Nothing at high price.
3. Using another shell, purchase those BONs at low price. The market value of the BONs is now nothing.
4. At the new valuation, buy back the rest of the BONs.
5. Declare the process a loss, claim back taxes.
6. Don't bother to disclose that the funds used in the process were provided by a foreign unfriendly government and the whole thing was a money laundering grift.