Outrageously Funny Word Dictionary :: Lootsmans

👉 Lootsman, a person who specializes in collecting and selling stolen goods, is often associated with illegal activities such as drug trafficking, organized crime, or counterfeiting. They are typically involved in the sale of counterfeit goods, which can be used to launder money, evade taxes, or facilitate criminal activity. The term "lootsman" originated from the English word "locke," which means "to hold," and has been applied to a wide range of individuals who engage in this illegal trade

lootsmans