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Miscellaneous
Significant And Insignificant
Money Laundering
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The term "money laundering" is said to have evolved from the Prohibition era in the United States. Many methods were devised to disguise the origins of money generated by the sale of then-illegal alcoholic beverages. One method was legal gambling via slot machines — a way to efficiently transform giant volumes of coins into easily movable currency. Another business so employed was laundries, and from this particular aspect of the trade, the term "laundering" emerged [Idiomatic Expressions].
10-03-2004