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Smurf is the term used to describe a money launderer who wants to avoid government scrutiny. They do this by using the placement, layering, and integration steps to hide the money.
WASHINGTON - Rep. James Comer, R-Ky., got into a heated exchange with Rep. Jared Moskowitz, D-Fla., calling him a “Smurf” during a Tuesday hearing on oversight of the General Services ...