The IRS Is Reportedly Investigating Social Status' Owner for $32M USD Money Laundering Scheme

Federal agents are investigating a "Charlotte businessman," who has yet to be named, for an alleged $32 million USD money laundering scheme, according to local news source WSOC-TV. The man in question reportedly owns a franchise of streetwear and sneaker retail businesses, including Social Status.According to WSOC-TV, IRS investigators told federal agents that the man bought apparel and shoes from an athletic company, the name of which hasn't been disclosed. He reportedly sold the items to a Chi...