AUSTRAC on X: Organised criminals use 'cuckoo smurfing' as a method of laundering money to disguise and move their funds across borders. Help protect Australia's financial system, download our new financial crime
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FINANCIAL CRIME GUIDE: CUCKOO SMURFING –
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AUSTRAC - Organised criminals use cuckoo smurfing to target individuals and companies expecting to receive funds from overseas. These recipients are often unaware the funds transferred into their accounts are the proceeds
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What is Cuckoo Smurfing? Beware Of This Money Laundering Method in 2023!
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