Smurfing


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Smurfing

The act of breaking down a transaction into smaller transactions to avoid regulatory requirements or an investigation by the authorities. For example, suppose a jurisdiction requires shareholders to register with regulators if they purchase more than 5% of a company's stock. A shareholder may smurf by having dummy shareholders purchase smaller quantities of stock so that he controls more than the statutory percentage but does not have to register. Smurfing is a crime in many jurisdictions.
References in periodicals archive ?
The court heard it was "clear" this cash was to be laundered as part of cuckoo smurfing.
103) See Leyva, supra note 9, at 64 (outlining the limitless possibilities for smurfing with m-payment accounts and describing the precise possibilities for criminal activity).
Interstate smurfing - sending out a handful of meth users into states bordering Oregon to buy large quantities of meth ingredients - can be restricted only by federal regulations, which are being considered.
Beavers was also a part of a group of opinion leaders who launched Tennessee's Anti-Smurfing Campaign-a public awareness campaign designed to curb the criminal process known as smurfing, or when individuals purchase PSE-based products on behalf of meth cooks.
28 (480m): Beijing Suzie (11), Smurfing Melody (9), No Joke Polo (6), Contact Mavis (4), Shay's Star (scr).
The iGateway Firewall provides protection from Denial of service (DoS) attacks such as SYN flooding, IP smurfing, LAND, ping of Death and all reassembly attacks.
The Anti-Smurfing Campaign informs consumers through signage displayed at the point of sale that smurfing is a serious criminal offense and an integral part of the methamphetamine- production process.
48 (480m): Dipton Venus, Gortin Star, Smurfing Melody, Fully Tuned, Humble Pie (W), Stay Black (W).
LOVIN' IT Huey Morgan PIN PALS Fun at the festival SPLOSH PIT Crowd brave the rain at the Main Stage FYFFE'S ACROWD Australians Ella Tracey, Sian Owens, Emily Neal, Alice Ward and Sue Thomas THEIR NAME IS RIO The carnival spirit was in full swing yesterday GOOD IN THE HOOD ALL n GOOD IN THE HOOD Music fans sing along CROWD SMURFING Revellers in fancy dress at the festival HEY BERT Punter with Sesame Street hat POP IDOL Script man meets the adoring fans DANNY JOY Lead singer Danny O'Donoghue belts out the hits on the Main Stage last night FRONTMAN Danny works the stage
Anyone in Tennessee's law enforcement community will tell you that smurfing remains one of the biggest challenges in the battle against methamphetamine production and abuse," said state Senator Mae Beavers.
Reserves: Alanas Storm, Balbec Jake, Bankfoot Lilly, Dum Blonde (W), Fully Tuned, Gragane Girl, Iknowyouknow, Lil Eve, Mike Melody (W), Smurfing Melody, Swift Keyra, Tyrur Richie, Whos Dessie (W).
The cute little characters who first came to fame more than a decade ago will be smurfing their way to toy shops.