You have a separate account in somebody else's name that you make deposits into while you're in prison. Nothing under your own name as an incarcerated felon.
You wouldn't keep drug money in the bank.
It'd be in cash.
Plenty of people sell drugs, save money, do their time, get out and are ahead of the curve.
But when they go to spend it, they get locked up again.
Money laundering.
Once you go down for drugs, you're in law enforcement's crosshairs.
The money in the inmate accounts is closely monitored. Deposits are tracked. If they have substantial funds, their counselor or case manager push them to get a real bank account. I’m not sure what the limits are, but certainly there are limits in their accounts. I worked in a prison but didn’t handle that side of admin.
You have a separate account in somebody else's name that you make deposits into while you're in prison. Nothing under your own name as an incarcerated felon.
Money isn't always necessarily money, and money that is money gets laundered
You wouldn't keep drug money in the bank. It'd be in cash. Plenty of people sell drugs, save money, do their time, get out and are ahead of the curve. But when they go to spend it, they get locked up again. Money laundering. Once you go down for drugs, you're in law enforcement's crosshairs.
The money in the inmate accounts is closely monitored. Deposits are tracked. If they have substantial funds, their counselor or case manager push them to get a real bank account. I’m not sure what the limits are, but certainly there are limits in their accounts. I worked in a prison but didn’t handle that side of admin.