Question
25 May
- Portuguese (Brazil)
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Italian
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English (US)
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Spanish (Colombia)
Question about English (US)
Is "to smurf" the same as "to launder money"?
Example: The bigger issue here is they started smurfing in the first place. / The bigger issue here is they started laundering money in the first place.
Is "to smurf" the same as "to launder money"?
Example: The bigger issue here is they started smurfing in the first place. / The bigger issue here is they started laundering money in the first place.
Example: The bigger issue here is they started smurfing in the first place. / The bigger issue here is they started laundering money in the first place.
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25 May
Featured answer
- English (UK)
yes, they are the same. in investment related fields, smurfing is defined as the deposit of illegally gained money (dirty money, in a sense) into bank accounts (with the intent of not getting caught), and someone who smurfs is a money launderer who aims to evade the government by breaking up that money into smaller transactions.
however, the recent generations may not recognize smurfing in a money laundering sense; they'll recognize it as a gaming term. smurfing in gaming refers to someone making a second account to play against lower ranked players. if you told them about smurfing in a laundering sense, they would probably be very confused - so it would be easier to refer to it as laundering around them.
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- English (UK)
yes, they are the same. in investment related fields, smurfing is defined as the deposit of illegally gained money (dirty money, in a sense) into bank accounts (with the intent of not getting caught), and someone who smurfs is a money launderer who aims to evade the government by breaking up that money into smaller transactions.
however, the recent generations may not recognize smurfing in a money laundering sense; they'll recognize it as a gaming term. smurfing in gaming refers to someone making a second account to play against lower ranked players. if you told them about smurfing in a laundering sense, they would probably be very confused - so it would be easier to refer to it as laundering around them.
- Portuguese (Brazil)
- English (US)
thank you too. it's new to me.
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