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unirobber's definitions

rat hole

A person or friend, outside an entity to secretly move money or launder money making it appear to have earned money legally.
He persuaded friends outside the company to act as “rat holes”, handing them stakes in each new issue, which would belong to that person on paper, but which, in fact, would be originator's money and originator’s stake.
by unirobber April 23, 2018
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