entramado de cuentas

English translation: web of bank accounts

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:entramado de cuentas
English translation:web of bank accounts
Entered by: Marta Riosalido

10:17 Jun 16, 2020
Spanish to English translations [PRO]
Law/Patents - Law (general)
Spanish term or phrase: entramado de cuentas
Otro término bastante frecuente en español.

Ejemplo:

La operación de venta de armas a Irán produjo más de 47 millones de dólares, dinero que fue gestionado por Oliver North mediante un entramado de cuentas bancarias en Suiza y fue utilizado, principalmente, para la financiación de la agresión al gobierno de Nicaragua y apoyo a la Contra.
Gracias
Marta Riosalido
Spain
Local time: 20:02
web of bank accounts
Explanation:
Another option. 100 of 1000s of examples online.

1. Deposited by a dictator | Business | The Guardian
www.theguardian.com › theobserver.observerbusiness10
19 Mar 2005 - A US Senate inquiry has uncovered a web of bank accounts set up secretly by Augusto Pinochet, including at blue-blooded Coutts.

2. Swiss to return 130 million Swiss francs to Uzbekistan after ...
uk.reuters.com › article › uk-swiss-uzbekistan
24 Jun 2019 - ... the Swiss Federal Criminal Court of charges related to opening a web of bank accounts in a bid to hide the identity of the money's true owner, ... ..

3.

3.
Selected response from:

Lester Tattersall
United Kingdom
Local time: 19:02
Grading comment
Thanks to all of you.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2web of bank accounts
Lester Tattersall
3 +2a network of bank accounts
Taña Dalglish
4 +1tangle of bank accounts
neilmac
3a series of bank accounts
Facundo Pallero


  

Answers


1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5
a series of bank accounts


Explanation:
Una opción.

Facundo Pallero
Local time: 15:02
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 8
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2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
a network of bank accounts


Explanation:
Another option.

During the Iran Contra scandal, it was uncovered that the Reagan administration was providing illegal aid to anti-communist rebels in Central America.

The Iran-Contra scandal, also known as Irangate, was a political event that took place in 1985 and 1986, in which senior officials of the United States government, under the administration of President Ronald Reagan, facilitated the sale of arms to Iran, a country against which an arms embargo weighed. Both operations, the sale of arms and the financing of the Contra, were prohibited by the US Senate.

The operation to sell arms to Iran produced more than 47 million dollars, money that was managed by Oliver North *** through a network of bank accounts in Switzerland*** and was used, mainly, to finance the aggression against the government of Nicaragua and support to the Contra.

Taña Dalglish
Jamaica
Local time: 13:02
Specializes in field
Native speaker of: English
PRO pts in category: 735

Peer comments on this answer (and responses from the answerer)
agree  neilmac: I ways feel "entramado" has a hint of dodginess about it but "network" is fine by me.
1 hr
  -> Thanks Neil. In this case, I do too as the "network" was used to make the transactions almost impossible to trace.

agree  Manuel Aburto
11 hrs
  -> Gracias Manuel. Saludos.
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4 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
tangle of bank accounts


Explanation:
As I mentioned when agreeing with Tanya's suggestion, I understand "entramado" as (often) having a whiff of dodgy dealings or chicanery about it... as in the sample sentences below:
"Along with passing through a tangle of bank accounts, the bribe money's origins..."

Example sentence(s):
  • ... a tangle of bank accounts that received suspicious business transfers from offshore companies...
  • ...a tangle of bank accounts and offshore companies used to store his bribes...

    https://www.newsweek.com/how-strike-back-152111
    https://pressfrom.info/us/news/politics/-97573-paul-manafort-rick-gates-to-remain-on-house-arrest.html
neilmac
Spain
Local time: 20:02
Native speaker of: Native in EnglishEnglish
PRO pts in category: 662

Peer comments on this answer (and responses from the answerer)
agree  philgoddard: Web is good too. It's important to emphasise their complexity, which is probably deliberate.
1 day 7 hrs
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10 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
web of bank accounts


Explanation:
Another option. 100 of 1000s of examples online.

1. Deposited by a dictator | Business | The Guardian
www.theguardian.com › theobserver.observerbusiness10
19 Mar 2005 - A US Senate inquiry has uncovered a web of bank accounts set up secretly by Augusto Pinochet, including at blue-blooded Coutts.

2. Swiss to return 130 million Swiss francs to Uzbekistan after ...
uk.reuters.com › article › uk-swiss-uzbekistan
24 Jun 2019 - ... the Swiss Federal Criminal Court of charges related to opening a web of bank accounts in a bid to hide the identity of the money's true owner, ... ..

3.

3.


Lester Tattersall
United Kingdom
Local time: 19:02
Specializes in field
Native speaker of: English
PRO pts in category: 16
Grading comment
Thanks to all of you.

Peer comments on this answer (and responses from the answerer)
agree  Hugh Thomson: I think this gets the level of dodginess right.
7 mins
  -> Thanks

agree  neilmac: Web evokes a cunning, tax-dodging spider....
11 hrs
  -> Thanks
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