German Of The Day: Geldwäsche

That means money-laundering.

Money

And Germany in general, Berlin in particular, is a “money-laundering paradise.”

Police in Germany conduct raids on suspected Islamists in Berlin – Berlin police are investigating 12 suspects who are accused of financing terrorism, among other crimes…

Germany’s Police Trade Union welcomed the raids as an example of the result of meticulous investigative work. It is no secret that cash flows from criminal gangs in “our money-laundering paradise” to fund terrorist organizations, the union’s regional deputy head Thomas Spaniel said, according to the German news agency dpa.

Last year, the domestic intelligence agency for the state of Berlin counted 2,170 Islamists in the city, 180 more than the previous year.

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