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LSDefine

Simple English definitions for legal terms

bagman

Read a random definition: government-securities interdealer broker

A quick definition of bagman:

Term: BAGMAN

Definition: A bagman is someone who collects and gives out money that was obtained illegally. They might also be someone who collects bribes for a public official.

A more thorough explanation:

Definition: A bagman is someone who collects and distributes money that has been obtained illegally. They are often intermediaries who collect bribes on behalf of public officials.

  • A corrupt politician hires a bagman to collect bribes from businesses in exchange for favorable treatment.
  • A drug dealer uses a bagman to collect money from their customers and distribute the drugs.

These examples illustrate how a bagman operates as a middleman in illegal activities. They are responsible for collecting and distributing money that has been obtained through illegal means, such as bribery or drug sales. Bagmen are often used to distance the person who is ultimately receiving the money from the illegal activity, making it harder to trace the source of the funds.

baga | bailable

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