People always say mattress stores are shady and used for money laundering. Not totally sure I understand exactly what money laundering is. How would this occur at a mattress store?
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Lots of people explaining how money laundering works here. What I haven’t seen anyone mention is the mattress store angle.
In a lot of places, there seem to be waaay more mattress stores than there is business. There’s gotta be five of them within a few miles of my house, and they never seem busy. You’d also think there would be competition, like we aren’t buying enough new mattresses every year to keep all of those stores open, or or two should be closed by now.
Thus the assumption that they’re really fronts. Somebody is selling drugs or guns or something, and saying they made $100k selling mattresses when they really only make like $30k.
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