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?

595 views

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.

In: 1554

21 Answers

Anonymous 0 Comments

In a beach town I frequent, there is an (expensive) Russian restaurant. It has been open for approximately 25 years. In all that time, I have literally never seen anyone eating there. (I did once see a couple having vodkas at the bar.). You do the maths!

You are viewing 1 out of 21 answers, click here to view all answers.