Perilous as her eyeglances were, and much as they menaced, Lord Etherington felt at this moment the importance of soothing Lady Penelope to silence […].

The loan-back scheme involves an offshore shell company that receives illegally obtained money through the placement mechanism. The owner of the illegal money goes to an offshore bank of which he is the owner or in which he has a criminal ally and applies for a loan for his front company. The offshore shell is then transfers the illegal monies through layers to the offshore bank, which will, after receipt, approve the loan and transmit it to the front company. The interest payments incurred on the loan may also be tax deductible on the level of the front company.

We need to test this idea empirically instead of just speculating about it.

I'm going to give my wife a necklace for her birthday.