straw buyers
Stand-in acquisition agents
Straw buyers are people who purchase something on behalf of someone else, typically to conceal the real buyer's identity or circumvent legal restrictions.
The term appears most often in contexts involving fraud or evasion: Straw buyers helped the cartel launder money through real estate or Gun traffickers use straw buyers to avoid background checks.
The practice is illegal in many contexts.
- frontingBeing at the forefront
- front manPublic representative of group
- surrogateOne acting for another
- nomineeOne proposed for position
- middlemanAgent linking two parties
deception · purchasers · proxy · shell companies · shell game · fraudulent · intermediaries · money laundering · dirty money · under the table · strawman · mortgage fraud · real estate fraud · criminal liability · identity theft · facades · contract law · down payments
- financial fraudsecurities fraud, bank fraud, accounting fraud, defalcation, embezzler
- property fraudmortgage fraud, deed fraud, foreclosure fraud, real estate scam, title theft
- tax crimestax fraud, tax evasion, undeclared income, unreported income, hidden income