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CAMS · Question #138

CAMS Question #138: Real Exam Question with Answer & Explanation

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Question

Which scenario is closest to the definition of money laundering the United Nations Convention against Transnational Organized Crime and Other Protocols provided?

Options

  • AFiling a suspicious transaction report when you know or suspect money laundering is taking place
  • BKnowingly financing a resort development with the proceeds of arms trafficking
  • CAssisting a client in a property conveyance by effecting the transfer of ownership from the seller
  • DDiscussing your suspicions with a client, thus giving the client the opportunity to switch service

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