0
User_gary Posted 19 years ago
Grammar

launder

launder = to move money which has been obtained illegally through banks and other businesses to make it seem to have been obtained legally:



Please explain it in your words.
  

Top answer

Imagine I have made lots of money selling drugs, and I wish to buy a Ferrari. If I take my money in cash to the car showroom, they will be very suspicious, and I do not want the police to become aware of my illegal activities. So I put the money into the bank account of my brother's shoe shop, and buy the car in his name.

  • Imagine I have made lots of money selling drugs, and I wish to buy a Ferrari.
  • If I take my money in cash to the car showroom, they will be very suspicious, and I do not want the police to become aware of my illegal activities.
  • So I put the money into the bank account of my brother's shoe shop, and buy the car in his name.
  • Then it looks as if the money for the Ferrari has come from the profits of the shoe shop, and no-one will ask any questions.
  • Of course, I may need to pay my brother "hush money" so he doesn't inform the authorities.
Free · every Monday

Get the Weekly English Kit 📬

New words, one handy idiom, and a 2-minute quiz — delivered to your inbox to keep your streak alive.

2 Answers
0
Imagine I have made lots of money selling drugs, and I wish to buy a Ferrari. If I take my money in cash to the car showroom, they will be very suspicious, and I do not want the police to become aware of my illegal activities. So I put the money into the bank account of my brother's shoe shop, and buy the car in his name. Then it looks as if the money for the Ferrari has come from the profits o
0
Really, its nice explanation. I now understand it.

Thank you very much.

Related Questions