Word: shells
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Dates: during 1980-1989
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...accused launderers knew their business well, authorities say. By rapidly shuffling ill-gotten cash through a kaleidoscopic array of banks and shell corporations around the world, BCCI allegedly obscured the source of the money, then returned untraceable, "clean" funds to narcotics kingpins. Said a senior U.S. Customs official: "It has given us a window into the world of international money laundering like nothing we've had before...
...late 1987 Moro had introduced the agents to a Panamanian branch of BCCI for their laundering operation. The agents collected cash from Medellin dealers in the U.S. and deposited it at domestic banks, then wired the money to the account of a newly created shell corporation in the BCCI branch in Panama. The agents then provided the Colombian traffickers with signed blank checks that could be cashed at most banks...
scull: to row with two blades. This is as opposed to sweeping, which is with one blade per person. Sculling can be an individual sport. A shell with just one sculler is called a single...
...shell: the proper name for a thin boat, which holds one, two, four and eight rowers and perhaps a coxswain...
single: a shell with a single sculler...