TagMoney laundering

brass-plate bank

brass-plate bank  n.— «He was first investigated 20 years ago when he became a subject of a joint Scotland Yard-FBI investigation into so-called “brass-plate” banks on the Caribbean island of Montserrat. The investigation was set up after...

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...