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circular transactions

German translation: Ringgeschäfte

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19:20 Jul 21, 2005
English to German translations [PRO]
Law/Patents - Law (general)
English term or phrase: circular transactions
The sentence reads: "In 2003 and 2004, the team began with the first component of its scheme -- the circular transactions -- by engaging in a number of fraudulent purchase and sales
transactions (which resulted in increased revenue and income) using its video libraries." Would anyone know a technical term for these "circular transactions" ? Thanks.
Brainstorm
Austria
Local time: 10:16
German translation:Ringgeschäfte
Explanation:
The same question from two different askers at a time? Kind of strange...

Anyway, see my answer to

http://www.proz.com/kudoz/1097299
Selected response from:

Steffen Pollex
Local time: 10:16
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
5 +1RinggeschäfteSteffen Pollex


  

Answers


24 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
Ringgeschäfte


Explanation:
The same question from two different askers at a time? Kind of strange...

Anyway, see my answer to

http://www.proz.com/kudoz/1097299

Steffen Pollex
Local time: 10:16
Works in field
Native speaker of: Native in GermanGerman, Native in RussianRussian
PRO pts in category: 12

Peer comments on this answer (and responses from the answerer)
agree  Lolitta Ivonne Grigore Rück
11 hrs
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