ACAMS
CAMS · Question #17
CAMS Question #17: Real Exam Question with Answer & Explanation
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Question
A United States (U.S.) bank was recently alerted by law enforcement of an increase in sale of large denomination U.S. bank notes to casas de cambio. They suspect that a Mexican syndicate is operating a money laundering scheme in the bank's jurisdiction. Which two steps should be taken to trace funds through the bank to assist law enforcement in their investigation? (Choose two.)
Options
- AIdentify the money laundering scheme and submit a suspicious transaction report
- BIdentify if there is a decrease in the sale of large denomination U.S. bank notes to casas de
- CIdentify deposits by casas de cambio that include third-party items including sequentially
- DIdentify multiple wire transfers initiated by casas de cambio to jurisdictions outside of Mexico that
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