[Shatnerz]

> This is called "layering"

I believe it is actually "structuring".

Layering is a step in money laundering where layers of legitimacy are added as money moves around. Structuring is breaking larger transactions into smaller transactions in order to avoid detection. Smurfing is also similar to structuring and honestly I don't understand the difference well enough to explain, but they are often used interchangeably in my experience.

edit: Here is a short educational video on the topic of money laundering: https://www.youtube.com/watch?v=RhsUHDJ0BFM&t=90s

[seanhunter]

Ooh yes. Thanks for the correction.