Home » Dictionary » cuckoo smurfing

cuckoo smurfing

cuckoo smurfing
 n.— «AFP agent Mark Creighton told the court “cuckoo smurfing” was when criminals replaced legitimate money intended for legal transfer into Australian bank accounts with the proceeds of crime. The original funds are then used overseas. The court heard that Tanesh Dias, 34, collected money from members of the criminal syndicate and deposited it in the bank accounts of people who were expecting an international money transfer.» —“Innocent bank clients used to launder drug cash via ‘cuckoo smurfing’” by Milanda Rout The Australian (Sydney, Australia) Aug. 22, 2008. (source: Double-Tongued Dictionary)

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

Your Two Cents (episode #1558)

Astronauts returning from space say they experience what’s called the overview effect, a new understanding of the fragility of our planet and our need to reflect on what humans all share as a species. A book about the end of the universe...

Recent posts