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1 definition by Alex the Bankster

1. SMURFING
Dividing a large amount of money into smaller sums to make money laundering easier.
(No joke man, I´ve been in the banking business for two years.)
The 1.500.000 Bucks of drug money were smurfed into batches of $50.000 each and declared as an automobile dealer´s cash flow.
by Alex the Bankster Mar 24, 2004 add a video
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