Usage Note
Geldwäsche is the process of disguising the origins of illegally obtained money. It is a criminal offence under § 261 StGB and is a major concern for banks and tax authorities. Geldwäschebeauftragter is a compliance officer.
Examples
"Die Bank wurde verdächtigt, an Geldwäsche beteiligt gewesen zu sein."
Natural Translation
The bank was suspected of having been involved in money laundering.
Literal Translation
The bank was suspected, at money-laundering involved been to have.
Related Words
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