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> Having physical stores, they could claim a lot of their business was cash The number of people paying cash for a $500-5000 mattress are likely fairly low and
by jsjohnst 9y ago
> Having physical stores, they could claim a lot of their business was cash
The number of people paying cash for a $500-5000 mattress are likely fairly low and I doubt many investigators would buy it either. Money laundering “businesses” are typically places that legitimately do mostly cash transactions (like the ones you mentioned, aka car wash, laundromat, etc).
- phire 9y agoI bet a lot of people buy mattresses on hire-purchase. I wonder if they have managed to somehow funnel money in through fake hire-purchase arrangements.