[hkt]

I don't think he thought that, he was probably expressing the view that he doesn't think the representative person's understanding of the term is the same as yours.

I have to confess, I've never heard anyone talk about money laundering in the way you suggest.

[llm_nerd]

The root of this thread literally uses it in the way I observed. So...never? It's literally right there! I see similar uses everywhere (speaking specifically of the general public, not financial industry professionals), calling every misallocation, misspend, or even simple fraud money laundering. Reddit, HN, Facebook, LinkedIn...everything is money laundering.

Again, I'm kind of an expert in AML, so I probably pay attention to it way more than you do, and probably have a much better perspective on this. I constantly see people refer to almost all misuse or misallocation of funds as money laundering.

Maybe you just don't know what money laundering actually is? Because the vast majority of the public certainly doesn't.

[ameliaquining]

Personally (n = 1), this thread was the first time I've seen the term "money laundering" used hyperbolically like this.

[xnx]

It's very very common. Look at the social media comments on any video that relates to fraud, grift, scams, or even a poorly run business. People say any use of money they don't like is "money laundering".

[estearum]

I think this does extend to fraud, grift, scams, and other illegal behavior. I have never seen "money laundering" extended to just "being bad at business."