n some schemes, money launderers use dozens of persons called ________ to convert cash into money orders and cashier's checks.

Question

Quizplus · Accepted Answer

The term "smurfs" commonly refers to individuals who are hired by money launderers to convert cash into money orders and cashier's checks. This is done to avoid arousing suspicion by conducting large cash transactions. Therefore, the best choice for the blank is option B - smurfs.

N Some Schemes, Money Launderers Use Dozens of Persons Called