Glossary entry (derived from question below)
Polish term or phrase:
osoba podstawiona
English translation:
front person/entity
Added to glossary by
Frank Szmulowicz, Ph. D.
Oct 23, 2019 09:24
4 yrs ago
8 viewers *
Polish term
osoba podstawiona
Polish to English
Bus/Financial
Finance (general)
anti-money laundering
Słuchajcie, tłumaczę materiały na temat przeciwdziałania praniu brudnych pieniędzy w i którymś momencie jest informacja o wykorzystywaniu osób podstawionych (słupów). Ze słupem nie mam problemów, ale jakie słowo zgrabnie oddałoby termin "podstawiony"? Nic mi nie przychodzi do głowy, a się śpieszę... Będę wdzięczna za pomoc.
Proposed translations
(English)
| 4 | front person/entity |
Frank Szmulowicz, Ph. D.
|
| 4 +1 | nominee |
Darius Saczuk
|
| 4 | dummy |
Stanislaw Semczuk
|
| 3 | fronted/substituted person |
geopiet
|
| 3 | figurehead / pawn |
Ewa Dabrowska
|
Change log
Nov 4, 2019 19:22: Frank Szmulowicz, Ph. D. Created KOG entry
Proposed translations
52 mins
Frank Szmulowicz, Ph. D.
United States
United States
Native in Polish
&
English
Works in field
United States
On time, on target, on budget.
Native in: English 
, Polish
Works in: Polish to English, English to Polish, Russian to Polish, and 1 more.
Related KudoZ points
:
418
Selected
front person/entity
Rafael Marquez, captain of Mexico’s national soccer team, was among 22 people sanctioned by the U.S. Treasury in August following a multiyear investigation into activities of drug kingpin Flores Hernandez. Marquez is alleged to be the “front person” for Hernandez and was arrested under the Foreign Narcotics Kingpin Designation Act. The 1999 law freezes the assets of foreign nationals believed to be involved in international narcotics trafficking.
https://www.fticonsulting.com/insights/fti-journal/everyones...
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Use of an exchange: a criminal can create an account on an exchange, transfer his or her cryptocurrencies to this exchange, then sell it for fiat currencies and have the exchange transfer the money to their (foreign) bank account. This money can eventually be withdrawn at an ATM. Another option is to use a front person for this process.
https://www.oecd.org/tax/crime/money-laundering-and-terroris...
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Money Laundering typoLogies
Money Laundering Case studies
Front person – A person without a
criminal record who acts in the name
of another person – a criminal.
http://www.apml.gov.rs/REPOSITORY/1663_money-laundering-typo...
https://www.fticonsulting.com/insights/fti-journal/everyones...
ccccccccccccccccc
Use of an exchange: a criminal can create an account on an exchange, transfer his or her cryptocurrencies to this exchange, then sell it for fiat currencies and have the exchange transfer the money to their (foreign) bank account. This money can eventually be withdrawn at an ATM. Another option is to use a front person for this process.
https://www.oecd.org/tax/crime/money-laundering-and-terroris...
cccc
Money Laundering typoLogies
Money Laundering Case studies
Front person – A person without a
criminal record who acts in the name
of another person – a criminal.
http://www.apml.gov.rs/REPOSITORY/1663_money-laundering-typo...
4 KudoZ points awarded for this answer.
Comment: "Thank you!"
53 mins
fronted/substituted person
.
+1
29 mins
Darius Saczuk
United States
United States
Native in Polish
&
English
United States
The Slanguage Buff
Native in: Polish (Variant: Standard-Poland) , English (Variant: US)
Works in: Polish to English, Spanish to English, English, and 4 more.
Related KudoZ points
:
167
nominee
P
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Note added at 30 mins (2019-10-23 09:55:00 GMT)
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SŁUP = STRAW PERSON (at least in the US)
--------------------------------------------------
Note added at 34 mins (2019-10-23 09:59:03 GMT)
--------------------------------------------------
Plaintiffs, at all time relevant hereto, and based on information and belief do
hereby allege thereon, My Hoang Le is merely a “nominee” or “straw person” officer and director of Palm Desert Management, Inc., appointed with the fraudulent intent to concealing the identity of the true persons exercising the power or authority of an officer or director in furtherance of their unlawful conduct.
--------------------------------------------------
Note added at 45 mins (2019-10-23 10:09:36 GMT)
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OTHER OPTIONS: DUMMY and FRONT
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Note added at 53 mins (2019-10-23 10:18:07 GMT)
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In business and finance terms, a straw man also serves as a dummy but this time with the specific purpose of hiding the identity of the person or firm behind the business or financial transaction.
In most cases, transactions involving a straw man are of an illegal or questionable nature, hence the need for primary movers to remain unknown. However, straw men can also be used for legal transactions that simply require discretion.
Just like dummies used for combat trainings, straw men, also sometimes called front men, in business get the full brunt of the law when the illicit transaction is found out. The real entities behind the transactions stay shielded and safe, unless the straw man decides to tell on them.
--------------------------------------------------
Note added at 30 mins (2019-10-23 09:55:00 GMT)
--------------------------------------------------
SŁUP = STRAW PERSON (at least in the US)
--------------------------------------------------
Note added at 34 mins (2019-10-23 09:59:03 GMT)
--------------------------------------------------
Plaintiffs, at all time relevant hereto, and based on information and belief do
hereby allege thereon, My Hoang Le is merely a “nominee” or “straw person” officer and director of Palm Desert Management, Inc., appointed with the fraudulent intent to concealing the identity of the true persons exercising the power or authority of an officer or director in furtherance of their unlawful conduct.
--------------------------------------------------
Note added at 45 mins (2019-10-23 10:09:36 GMT)
--------------------------------------------------
OTHER OPTIONS: DUMMY and FRONT
--------------------------------------------------
Note added at 53 mins (2019-10-23 10:18:07 GMT)
--------------------------------------------------
In business and finance terms, a straw man also serves as a dummy but this time with the specific purpose of hiding the identity of the person or firm behind the business or financial transaction.
In most cases, transactions involving a straw man are of an illegal or questionable nature, hence the need for primary movers to remain unknown. However, straw men can also be used for legal transactions that simply require discretion.
Just like dummies used for combat trainings, straw men, also sometimes called front men, in business get the full brunt of the law when the illicit transaction is found out. The real entities behind the transactions stay shielded and safe, unless the straw man decides to tell on them.
Peer comment(s):
| agree |
Leszek Pietrucha
: straw man w Irlandi i WB więc tu raczej uzyłbym proponowanej przez Ciebie straw person/man
14 mins
|
|
DUMMY and FRONT will work, too. Thank you, Leszek.
|
4 hrs
Stanislaw Semczuk
Native in Polish
&
English
Native in: English , Polish
Works in: Polish to English, English to Polish, Spanish to Polish, and 2 more.
Related KudoZ points
:
16
11 hrs
Ewa Dabrowska
United Kingdom
United Kingdom
Native in Polish
United Kingdom
reliable interpreting/translation
Native in: Polish
Works in: English to Polish, Polish to English, English, and 1 more.
Related KudoZ points
:
8
figurehead / pawn
VAT carousel and its massive fraud - Offshore.finance
https://www.offshore.finance › blog › money-laundering › fraud-vat-caro...
30 Apr 2018 - Missing trader fraud carousel ... In fact, we have seen how in some dismantled plots the figureheads have turned out to be homeless beggars,
mapping the risk of serious and organised crime ... - Transcrime
www.transcrime.it › wp-content › uploads › 2018/12 › MORE_Annex
a wide network of figureheads and shell companies located abroad. ...... operandi, although no details are available about how the missing trader scheme was ..
Greystone International Ltd [2011] TC 01181 | Croner-i Tax ...
https://library.croneri.co.uk › cch_uk › bvc
Input tax – MTIC fraud – Whether appellant knew or ought to have known of the ..... shareholder and director, was no more than a pawn in the fraud and ignorant ..
SELLERSWITHOUTSSN ITIN EIN VAT ID CPN 2SSN
https://books.google.co.uk › books
KIM TERJE RUDSCHINAT GRONLI - Computers
Financial Crimes Enforcement Network (FinCen) (https://www.fraud-ma Office of ... breadth of your organization, it could be a victim or an unwitting pawn.
https://www.offshore.finance › blog › money-laundering › fraud-vat-caro...
30 Apr 2018 - Missing trader fraud carousel ... In fact, we have seen how in some dismantled plots the figureheads have turned out to be homeless beggars,
mapping the risk of serious and organised crime ... - Transcrime
www.transcrime.it › wp-content › uploads › 2018/12 › MORE_Annex
a wide network of figureheads and shell companies located abroad. ...... operandi, although no details are available about how the missing trader scheme was ..
Greystone International Ltd [2011] TC 01181 | Croner-i Tax ...
https://library.croneri.co.uk › cch_uk › bvc
Input tax – MTIC fraud – Whether appellant knew or ought to have known of the ..... shareholder and director, was no more than a pawn in the fraud and ignorant ..
SELLERSWITHOUTSSN ITIN EIN VAT ID CPN 2SSN
https://books.google.co.uk › books
KIM TERJE RUDSCHINAT GRONLI - Computers
Financial Crimes Enforcement Network (FinCen) (https://www.fraud-ma Office of ... breadth of your organization, it could be a victim or an unwitting pawn.
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