1847 Holdings and Louis Bevilacqua: Swift Movement of $2.5 Million is Undoubtedly Money Laundering DC Washington

The $2.5 million in payments made by 1847 Holdings in February 2024 are not just questionable—they represent clear and deliberate money laundering. While $2.5 million may seem like a small portion of the $500 million scheme orchestrated by Louis A. Bevilacqua and his network, the speed and timing of these transactions make it glaringly obvious what’s happening behind the scenes.

A Swift Movement of Funds: A Clear Red Flag

On February 7 and 8, 2024, 1847 Holdings, a company already drowning in over $40 million of debt, made a series of dubious payments:

• $1.4 million to TraDigital Marketing Group for six months of vague “consulting”

• $400,000 to Alchemy Advisory LLC for “investor outreach”

• $333,000 to Reef Digital LLC for IT and “strategic advisory” services

• $365,000 to SeaPath Advisory LLC for three months of “content marketing”

These payments were made within two days. The sheer speed and lack of transparency surrounding these transactions scream money laundering. This isn’t legitimate business; it’s a swift, orchestrated attempt to move funds through various channels, making it harder to trace and hold accountable.

Why This is Money Laundering

The amounts, the timing, and the lack of verification for these entities suggest they exist purely for concealing the flow of money. With a 99.99% drop in stock price, and the company facing a mountain of debt, claiming these payments were meant to “help the stock price” is laughable at best. Instead, this is a textbook example of illicit funds being moved to obscure entities in an attempt to hide the trail.

A Fraction of a Much Larger Scheme

While $2.5 million is a drop in the ocean compared to the $500+ million Ponzi scheme orchestrated by Bevilacqua, it is a clear and blatant example of how funds are funneled to insiders through fraudulent mechanisms. The overall scheme, involving the systematic draining of subsidiaries, bankruptcy filings, and misappropriation of investor funds, is a well-designed fraud that relies heavily on money laundering to continue operating undetected.

The Evidence Is Clear

This isn’t just a few poorly managed payments—this is organized theft, hidden under the guise of “consulting” fees and other fabricated services. The timing of these payments and the lack of transparency surrounding the entities receiving them all point to one thing: money laundering.