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plural launderettes
A place that has facilities for washing and drying clothes that the public may pay to use. examples
A money laundering operation. quotations examples
The distinction is by no means watertight as any 'money launderette' may become a money launderer – and hence be guilty of a money laundering offence – the moment it knowingly engages in a money laundering operation.
2000, Guy Stessens, Money Laundering: A New International Law Enforcement Model, page 133
From drug money to terrorist finance: the launderette's many different washing cycles
2009, Christine Jojarth, Crime, War, and Global Trafficking, page 140
This is a stage at which the proceeds of illegal activity are introduced into the financial system and therefore it is the most vulnerable stage in the launderette. Perhaps this is why anti-money laundering measures are concerned about “Know Your Customer Principle.
2015, Ibrahim Abdul Abubakar, Anti-Money Laundering and Counter-Terrorism Financing, page 63