Bagman
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A bagman (or bag man) is a person designated to collect and/or distribute illicitly gained money ("dirty money"), such as bribes to public officials or that collected in a criminal enterprise, such as a "protection racket," or an intermediary in such transactions. Also a (mainly) British term for a traveling salesman. The first known use of the term occurred in 1765.[1]
A bagman may also be known as a delivery boy or running man, and he may receive a fraction of the money collected. The term may also apply to a person who performs small tasks for those involved in organized crime, such as chauffeuring or transporting goods.[citation needed]
The term is sometimes used in other contexts involving controversial money transactions.[2][3]
References
- ↑ "Bagman," merriam-webster.com. Retrieved 2015-05-07.
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