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

I know it’s not about candy shops but you asked what money laundering is:
Imagine you as a kid are taking money from your dad’s wallet and over time you collect £100 but to go to the toy shop your dad must take you so he will question where the money came from so you run a lemonade stand earn £20 but you say you earned £120 so your parents won’t question where the money came from

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