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Ok, but what about mattress stores? Are you telling me they aren't for money laundering?
by FrozenTuna 7y ago
Ok, but what about mattress stores? Are you telling me they aren't for money laundering?
- vageli 7y ago> Ok, but what about mattress stores? Are you telling me they aren't for money laundering? Margins are insanely high on mattresses. Why the connection to money laundering?
- velp 7y agoIt's become a meme, likely due to the clusters of mattress stores that seem to pop up despite zero customers.
- sp332 7y agoMattress Firm's parent company was up to some sketchy stuff. https://www.reuters.com/article/us-steinhoff-intlnl-ceo/steinhoff-says-probes-accounting-irregularities-ceo-resigns-idUSKBN1DZ31M https://www.reuters.com/article/us-steinhoff-intlnl-ceo/stei... The CEO resigned.
- jonny_eh 7y agoPlanet Money covered that: https://www.npr.org/sections/money/2018/12/13/676538506/why-are-there-so-many-mattress-stores https://www.npr.org/sections/money/2018/12/13/676538506/why-...