by 05superglide January 24, 2012
Engaging in money laundering. Also known as "AC Mashing" and "AC money".
The process of this illegal money making scheme is simple:
-you a.k.a the "holder" hand over your"square"/"deets"/bank account information to another party a.k.a "uncle"
- "uncle" then deposits some illicit money, that he made by selling heroin to toddlers and pretending to be the security team at pensioners' banks, into your bank account
-your bank account transfers that money to another account, or sometimes it is withdrawn in cash; eventually uncle will receive money that is essentially clean i.e. hard to prove that was generated through crime; or it ends up financing a Semtex order for ISIS
Your account is simply another layer in a money laundering operation.
The objective of this layering of your and other money mules' accounts, is to make it harder for the police's money crime team to detect money laundering operations.
Negative outcomes from banging AC include: jail time for money laundering; seizure of assets (i.e. money gained from banging AC) through the Proceeds of Crime Act; closure/freezing of the bank account used for banging AC; a negative effect to the AC banger's credit score, which is sometimes so bad that it can prevent the AC banger opening a new mobile phone contract.
As a final kick to the balls, CIFAS can add the AC banger's identity to their list of fraudsters for up to 6 years; being on this list can prevent you from opening a new bank account with any other bank.
The process of this illegal money making scheme is simple:
-you a.k.a the "holder" hand over your"square"/"deets"/bank account information to another party a.k.a "uncle"
- "uncle" then deposits some illicit money, that he made by selling heroin to toddlers and pretending to be the security team at pensioners' banks, into your bank account
-your bank account transfers that money to another account, or sometimes it is withdrawn in cash; eventually uncle will receive money that is essentially clean i.e. hard to prove that was generated through crime; or it ends up financing a Semtex order for ISIS
Your account is simply another layer in a money laundering operation.
The objective of this layering of your and other money mules' accounts, is to make it harder for the police's money crime team to detect money laundering operations.
Negative outcomes from banging AC include: jail time for money laundering; seizure of assets (i.e. money gained from banging AC) through the Proceeds of Crime Act; closure/freezing of the bank account used for banging AC; a negative effect to the AC banger's credit score, which is sometimes so bad that it can prevent the AC banger opening a new mobile phone contract.
As a final kick to the balls, CIFAS can add the AC banger's identity to their list of fraudsters for up to 6 years; being on this list can prevent you from opening a new bank account with any other bank.
"Aye two twos mans got this new creps from ac banging, its light work still"
"McD's ain't pay enough so breddas on this ac mashing quick ting"
"I don't even have a criminal record but I still can't get a job that needs to pay my salary into a bank account, all because I got caught banging AC about 6 years ago"
"no officer, I wasn't laundering money, I was mashing AC, there's a difference"
"McD's ain't pay enough so breddas on this ac mashing quick ting"
"I don't even have a criminal record but I still can't get a job that needs to pay my salary into a bank account, all because I got caught banging AC about 6 years ago"
"no officer, I wasn't laundering money, I was mashing AC, there's a difference"
by dmillion May 25, 2020
by disappointed2342344 November 13, 2009
When you give up a chance for what could be one-time-only sexual intercourse in the efforts of securing long-term banging prospects.
by kaosushijin February 08, 2011
A happy place. A beautiful person with an even more beautiful personality. The leader of Stray Kids, a kind, loving, loveable, approachable, sincere person who does his best to care for his members and STAY.
"Bang Chan is the perfect example of someone the world needs more of. "
"Bang Chan is the closest I've got to finding someone who is flawless."
"Bang Chan is the closest I've got to finding someone who is flawless."
by achanstan August 21, 2022
"Is Bang Chan is therapist" - person #1 who needs help
"he probably was in his past life" - person #2 who needs a hug
"who's the best leader???" - you
"Bang Chan duuhhhh"- Me
"he probably was in his past life" - person #2 who needs a hug
"who's the best leader???" - you
"Bang Chan duuhhhh"- Me
by fr0g.ishere December 21, 2020
the amount of taste or enjoyment that you get from any given snack
i.e.) beef jerkey has a lot, where as sunflower seeds do not
i.e.) beef jerkey has a lot, where as sunflower seeds do not
Store-goer number 1: See, if I get gum I'll also need to get cookies, because gum doesn't have enough snack bang, you know?
Store-goer number 2:Yeah, gum isn't a snack it's practically borrowed because you don't swallow it, cookies you swallow. I'd defiantly go with cookies. More snack bang for your buck.
Store-goer number 2:Yeah, gum isn't a snack it's practically borrowed because you don't swallow it, cookies you swallow. I'd defiantly go with cookies. More snack bang for your buck.
by store-goer #1 February 01, 2011