Activist: London Property Market Tied to 'Dirty Money'

Words in This Story
 
money laundering – v. to put money from illegal activities into a business or to buy goods or property in order to hide where it really came from

proceed – v. to continue to do something; to take action

procurement – n. the act of getting (something)

deprived (someone) of (something)– phrasal verb. to take something away from someone or something; to not let (someone or something) have something

shell company – n. a company that exists but does not actually do any business or have any assets (materials, possessions, etc.)

relaxed – adj. not carefully controlled; eased

anonymous – adj. not named or identified

ill-gotten gains – idiomatic phrase illegally-earned money or assets

tracked down – phrasal verb. investigated, discovered or found

fraud – n. the crime of using dishonest methods to take something valuable from another person

Do you believe people buy property in your country with money earned from criminal activities? We want to hear from you. Write your thoughts in the comments section.