smurfing
n.— «Quinn said investigators call “hopping from bank to bank” with cash amounts just under the $10,000 limit “smurfing,” after the children’s cartoon in which little blue characters hop around.» —“Nightclub owner faces 32 counts of dodging IRS” by Tom Rouillard Herald (Rock Hill, S.C.) Oct. 23, 1992. (source: Double-Tongued Dictionary)
Further reading
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