ElI5: Money Laundering: Those US candy shops on UK High Streets, How are they money laundering, what is it and how is it so well known?

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In the UK it is widely ‘known’ and accepted that the sweet shops and phone shops on places like the famous Oxford Street are fronts for money laundering. Can anyone explain to me what money laundering is and what these shops are actually doing? How do people know these shops are doing it? I don’t understand.

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Anonymous 0 Comments

So imagine you stole £50 from your friend Jimmy’s backpack at school. You cannot just go tell your mom you’ve got £50 or she will ask questions. So you set up a lemonade stand and stand there all day doodling and throwing rocks at cars, and then at the end of the day you pour the lemonade into the river, go home and tell your mom you made £50 from selling lemonade, and she’s impressed at your entrepreneurship.

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