Let's get straight to the point. This is my fictive network architecture:

My question is: Would it be possible for Laptop B to intercept traffic sent and received by Laptop A? Please note that B only has WiFi access and no physical control over Router B. Furthermore, Router A and B create different wireless networks with different encryption keys.
If both shared the same wireless network or Laptop B had LAN-access to Router B, the answer would be trivial, but I'm not sure how the answer turns out in this scenario :-/
Thanks for your valuable help!
intercept traffic sent and received by Laptop A. Laptop A in your schematic does this via WiFi. Which means that anyone close enough can intercept this radio traffic. They will get the encrypted data. If they figure out the right key then they can decrypt it. How hard it is to find this key depends on the protocol used, the amount of data capture and how much CPU power you can throw at it. (WEP takes seconds to crack. WPA2 is hard, but using a cluster of cheap amazon instances you can often crack it in hours.) – Hennes Sep 26 '12 at 21:25