smurfer

Noun

smurfer (plural smurfers)

1. (computer security) One who carries out a smurf attack.
2. Someone who engages in money laundering by making many transactions, each of which is for an amount below the threshold that requires the bank to report the transaction.
   • He argued that the government would have to show that the smurfer knew about the banks ' filing requirements and deliberately structured his transaction to avoid the requirements.1986, Washington Financial Reports - Volume 47, page 973
   • Assume a smurfer goes to the bank numerous times in one day, and each time buys a cashier's check with cash for an amount less then $10,000, but in total greater than $10,000.1992, Joel M. Androphy, White collar crime - Part 1, page 290