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Discover Ludwig'bagman' is a correct and usable word in written English.
It is used to refer to someone who is responsible for handling money, usually on behalf of another person or organization. For example: "The bagman for the local band collected all of the donations at their concerts."
Dictionary
bagman
noun
A person who collects, transports, or distributes illicit money, especially for the purpose of bribery, extortion, or the making of other improper payments.
Exact(59)
Mr Collor tends to be remembered for his good looks, loopy economic policies and the giant scams run by his bagman, Paulo César Farias, that brought him down.
Although he was the "bagman" who delivered the payoff money to the burglars to encourage their silence and served 136 days in prison after pleading guilty to obstruction of justice, he was rumoured to be "Deep Throat"—the insider who helped reporters Bob Woodward and Carl Bernstein in their investigation of the story for the Washington Post an allegation he denied.
Black Pete is an enforcer and bagman, offering sweets to good children, while the naughty ones are thrown in his sack and taken to his home in, of all places, Spain.
"How can anybody think he won't play better than he ever has?" The caddie Overlooked in the scramble to discover the winners and losers of Wounded Knee was Tiger's bagman, Steve Williams.
Within the team, he is Richie McCaw's bagman, dispensing internal justice as the skipper deems necessary.
Belview went on to be run by the Miami branch of another international bank, and was overseen by Pinochet's Chilean bagman, Oscar Aitken.
He won in 2000 even though it was clear that he was facing a new indictment and even though his longtime congressional chief of staff admitted that he had been a "bagman" for the Mafia.
He was a reputed bagman for the Mob named Frank Nelson.
On Nixon's enemies list, he was "a first class S.O.B., wheeler-dealer and suspected bagman".
Having just joined the Oxford police, Morse immediately makes enemies when the astute inspector Fred Thursday (Roger Allam) chooses him as bagman, a position that should have gone to a sergeant.
Gert (Stephanie Cozart) is a walking respiratory complaint, and Louie (Alec Beard), a swaggering bagman for the mob, attributes his toughness to Ma's example.
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