L.A. Fashion District Is Awash in Drug Money | WHAT REALLY HAPPENED

L.A. Fashion District Is Awash in Drug Money

The next time you're shopping in Santee Alley for a pleather handbag or a $20 pair of distressed jeans, look around you. The vendor selling you that fine Cucci wallet might be laundering money for one of the globe's largest drug cartels.

Some of downtown L.A.'s clothing retailers and wholesalers are so awash in dirty cash that the federal government this week announced that it will be requiring "additional reporting and record-keeping obligations" for nearly the entire L.A. Fashion District.

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Drug lords will usually set up some kind of legitimate business where there is a lot of cash traffic, such as convenience stores, multi-screen cinemas, office supply stores, and those weird stores that sell ceramic statues and kitty-themed items that make you wonder just how they stay in business month after month while stores selling essentials are dropping like flies.

The fact is that these legit business will blend the drug money in with their actual sales receipts to launder it. The good news is that the public really are not buying those weird and pointless toys or albums of really awful music.

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