http://www.innopay.com/content/changing-dynamics-financial-crime-digital-era Hm this article differentiates by saying that 'criminal money transfer' is the act of Bob anonymously transferring anonymous Alice finances, and 'money laundering' is the act of anonymous Alice making it seem like her anonymously obtained finances come from a legitimate business venture. I would personally call that entire process money laundering though. Also from this article: This article probably does the best at summing up some of the points I made, though http://osaka.law.miami.edu/~froomkin/seminar/papers/bortner.htm AKA E-currency to anonymize the money but then cash out to multiple fake IDs or anonymous ATM cards to avoid having so much unaccounted for money suddenly appear in accounts / transfers tied to your name that you get raided anyway. Making the anonymous cash you have obtained appear to have a legitimate source is a different problem, a different part of the process. Anyway use whatever techniques you want, but the ones I mentioned are not noob and you wont be able to show me a single report of someone who used them properly being arrested via financial intelligence because it hasn't happened yet. The people who are being busted via financial intelligence are using ONLY western union transfers + fake ID pick up, like a ton of people in the carder scene do. Or they are using Paypal, like TFM. Or they are using fraudulently obtained mainstream reloadable cards and cashing out at ATM with non anonymized loads, like a lot of small time drug vendors use. or they are using CIM money mule networks to fake ID mail boxes, like TFM and a lot of other busted groups have done. Also, even these cases are giving headaches to LE enough that people using these techniques are still usually being busted in ways not related to financial transfer. Actually, I can't even think of a case of someone who used a fraudulently obtained reloadable card being busted via financial intelligence off the top of my head anyway.