Definition Categorical – pomegranate

A Closer Look into Mind of a Money Launderer

                About once every decade, a person usually decides that it is about time for a new mattress. It is not a daily, weekly, or monthly occurrence that someone needs to buy a mattress. Whenever someone looks inside of a mattress store, it is noticeable that there is never anyone inside. What is also noticeable is the signs on the front windows showing there’s a percentage off or deals to help you pay it off. After driving down the road and seeing a store to the left, it should be no surprise that there is one not even a mile up the road to the right. People are left to ask the question, why? What is the reason for all of these stores? There is no real solution to why there are a number of mattress stores within hundreds of feet of each other. There is a thought, however, that the answer to all of this is money laundering. Mattress stores could fall into this category of money laundering for various reasons. Whoever opened a mattress store is smart however, because the following information is in fact information that will change the way people look at mattress stores, and will turn to department stores rather than general mattress stores when they are looking to make a purchase.

                Many people know that when you want to hide money, but you don’t want to put it in the bank, you stuff it under a mattress. Money laundering is, in shorter terms, when someone takes large amounts of money and little by little puts in and takes out the money from the bank. This, and along with many other transactions, makes the money seem legit. It is probably confusing as to how these two correlate. However, it is quite simple to see where the two tie together. As the money is put into a bank, let’s say, and it needs to be put in in smaller amounts. This is because it will look suspicious to the bank if there is a very large, unusual transaction. This way, money will be able to be put in and taken out without question. What should be done when you are waiting to deposit or make a transaction with the other money? Well, where is the best place to hide your money? In a mattress. Also, why stop there and only hide it under one mattress. Open up an entire branch of mattress stores so the money can be spread out amongst different locations without a trace. Open enough stores until the number of Starbucks stores are outnumbered by mattress stores.

                A study done in Houston, Texas showed that there were 133 Starbucks stores. This does not include the number of Starbucks’ in the suburbs. Yet, the number of mattress stores seems to outnumber the amount of Starbucks’ in Houston. This doesn’t make any sense. Let’s get this straight. Starbucks, which has over hundreds of customers every day, has less stores than say a Mattress Firm, which maybe one hundred people go in within a month. No one will say that it is money laundering causing the number of mattress stores to increase. It is an arguable fact that the owners of most mattress stores are guilty of money laundering. The only reason no one would first guess this is because people are getting something out of it, a mattress. Owners, and this is going out on a limb, have to make themselves look innocent and actually give you what you’re there to get. They won’t see you in the next 10 years so they’re going to make sure you get what you want so you get your mattress.

                The CEO of Mattress Firm, when he was asked the question of, “why are there so many stores?” was stuck on trying to find an answer too. He explained that for every 50,000 people, there is one store. In the Chicago area alone, there are about 235 mattress stores. In other areas, like Houston, there are more than 235 mattress stores alone. It leaves you stumped as you think about the possible reasons as to why on earth there would be this many mattress stores. However, when the idea of money laundering is brought up, you are left to question any other thought you had before. All of the pieces seem to fit right in when thinking about the relationship between mattress stores and money laundering. To reiterate, it is eye opening when you think about the number one hiding spot for money that is not in a bank. Yes, a mattress. Someone who is very familiar with this idea thought they should and did take it to the next level. This means country- wide money hiding in mattress stores here, and maybe there. It will never be traced because it is simply not easily traced. There are hundreds of thousands of mattress stores and not that many people who believe the number one reason for all of them has to do with money laundering.

                To make a long, complicated argument short, mattress stores are an example of a money laundering scam. It may sound steep, and it might be a stretch, but it is convincing. There are tons of loose ends that tie together and it only seems logical when all of the loose ends are tied. The fact that there are over 235 mattress stores in the Chicago area alone, makes us wonder how many other stores there could be in bigger cities, or more populated areas. It only makes sense for one who is afraid to et caught for money laundering to try and spread out as much of the money they are trying to hide as wide as possible. There is no way there is this high of a demand on mattresses, for they are a once in a decade type of purchase. Studies show that there are too many mattress stores, and the CEO of mattress firm himself cannot express or explain himself why there are so many mattress stores, for he was baffled as well. Mattress stores being over built and no one inside of them is sketchy, and is almost proof that this is a money laundering scam.

References

https://legaldictionary.net/money-laundering/

https://www.psychologytoday.com/us/blog/the-science-behind-behavior/201509/why-are-there-so-many-mattress-stores-in-america

https://www.allsectech.com/the-top-money-laundering-cases-in-recent-times/

https://www.chicagotribune.com/business/ct-chicago-mattress-stores-0717-biz-20160715-story.html

https://www.investopedia.com/terms/a/aml.asp

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5 Responses to Definition Categorical – pomegranate

  1. davidbdale says:

    Sure thing, Pomegranate.

    1. First of all, I see you left notes on the AGENDA page for MON MAR 04 including these remarks about the Definition/Categorical essay:
    – Your definition/categorical essay is part of your portfolio.
    – IT is a 1,000 word essay. There are three of them towards your research topic.
    – This essay MUST have something to do with your research. You should NOT be wasting your time on another topic.

    2. Then let’s make sure you know where the find the relevant classroom lecture material you may have missed:
    2a: Here’s the Model Definition Essay I wrote to demonstrate what such an argument looks like.
    https://rucomp2.com/tasks/definition-essay-model/
    2b: Here’s the example I used in class to demonstrate how more than half the words of a New York Times editorial are devoted to arguing that gays and lesbians seeking to marry belong to a special protected class of citizens that deserve Constitutional consideration (a CATEGORICAL) argument.
    https://rucomp2.com/tasks/definition-essay-protected-class/
    2c: Here’s the link to the official Assignment spelling out the details of what’s required.
    https://rucomp2.com/tasks/definition-essay-protected-class/
    2d: That official assignment page contains links to two more examples of good professional Definition/Categorical arguments that devote themselves to defining terms without being obvious about it. The first struggles to define “theft.” The second tries to define “fiduciary responsibility.”

    3. In brief, you’re going to produce the first 1000-word essay that will become part of your Semester-long Research Position Paper. Based on the understanding that THEFT can have a dozen different meanings based on context, you’ll identify the precise inflection of meaning essential to making your own persuasive argument. In my Model about Polio, I don’t try to define Polio, or inoculation, or infection, or eradication, or epidemic, or distinguish between fatal and crippling diseases. I could, but they’re not important to me. The special job I want my essay to accomplish is to decide whether or not Polio can be eradicated. In other words, does it belong to the category: Eradicable Diseases. To make my argument, I compare Polio to Smallpox. We eradicated smallpox, another fatal childhood disease, so we should be able to eradicate polio, right? Well yes, but only if Polio and Smallpox share crucial characteristics. The rest of my essay describes the crucial characteristics of smallpox that polio DOES NOT share. Conclusion: They’re too dissimilar to make a good analogy. Polio may be eradicable, but we can’t use the example of smallpox to prove it.

    If you need help figuring out how to approach the assignment for your particular hypothesis, leave me a Reply on your My White Paper page and put it into Feedback Please.

    I hope you found this helpful, Pomegranate. Let me know, please.

  2. davidbdale says:

    Pomegranate, you need to do Research to fulfill the course requirements for a Research Position Paper. You have no academic sources at all in your first two short arguments though many are readily available.

    In one minute on Google Scholar, I found three.

    https://www.emeraldinsight.com/doi/abs/10.1108/JMLC-06-2014-0019

    https://www.sciencedirect.com/science/article/pii/S1756061615000385

    https://link.springer.com/chapter/10.1007/978-3-319-64498-1_7

    You’ll be MUCH LESS LIKELY to have to repeat yourself repeating yourself once you gather some material to discuss. You can’t make a 3000-word paper out of the one idea that mattress stores operate by literally hiding cash in mattresses. It’s a charming notion, but saying it is so does not make it so. Do some reading to discover how money laundering actually works and decide for yourself whether a chain of mattress stores actually qualifies as the sort of business that could pull it off. Either way, what you discover from your RESEARCH will validate your final thesis, whatever it turns out to be. Read and be prepared to change your mind when you discover the facts.

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