launderings
Cycles of washing
Launderings are instances of washing clothes or linens, or more often, of concealing the origins of illegally obtained money by passing it through legitimate businesses or foreign banks.
The word appears most frequently in discussions of financial crime: The investigation uncovered multiple launderings of drug profits through shell companies.
Wash without scrubbing
- scrubClean by rubbing hard
- washClean using liquid
- soakSaturate with liquid
- detergentChemical cleaning agent
soap · bleach · suds · lather · tumble-dry · starch · pressing · ironing
Away from land
- structuringImposing systematic order
- smurfingEvasive transaction splitting
- layeringForming successive strata
- integrationCombining into a whole
Hiding wrongdoing from public
- disguiseIdentity-concealing alteration
- legitimizingConferring official status
- whitewashingConcealing unpleasant facts
- sanitizingEliminating harmful microorganisms
obscuring · hiding · masking · falsifying · doctoring · funneling · channeling · layering
rinse
Wash without scrubbing
detergent · soap · bleach · suds · lather · tumble-dry · starch · pressing · ironing · folding
offshore
Away from land
- structuringImposing systematic order
- smurfingEvasive transaction splitting
- layeringForming successive strata
integration · placement · black-market · paper-trail · compliance
cover-up
Hiding wrongdoing from public
- disguiseIdentity-concealing alteration
- legitimizingConferring official status
- whitewashingConcealing unpleasant facts
sanitizing · obscuring · hiding · masking · falsifying · doctoring · funneling · channeling · layering · fronting
crisp
Firm and breakable
breeze · fragrant · scented · pristine · sparkling · softness · fluffiness · wrinkle-free
launderingsdirtying
Making unclean
stainings · contaminations · befouling · sullying · neglect
launderingscompliance
Adhering to requirements
financial disclosures · audits · due diligence · whistleblowing · exposures
- money launderingDisguising criminal proceeds' origins
- crypto launderingDisguising illicit funds via blockchain