laundromat n.
a business, such as a casino, in which money that has been gained through criminal activities can be decriminalized.
 | ‘Money Laundering: Criminal Investigation (CI) Annual Report’ on Internal Revenue Service 🌐 In over 8 hours of secretly recorded audio tapes, Frederick was quoted as telling the ‘drug dealer’ that Frederick could help him ‘utilize his funds with legitimacy’ so that the funds would ‘come back clean’. At one point on the tape, Frederick referred to himself as a ‘laundromat’. |