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CAMS · Question #259

CAMS Question #259: Real Exam Question with Answer & Explanation

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Question

What is a method of placement that can be used by a money launderer in a deposit taking institution?

Options

  • ADepositing cash into the money launderer's account
  • BSending a large number of funds transfers between accounts
  • CWithdrawing large amounts of cash from the money launderer's account
  • DDepositing cashier's checks and money orders into the money launderer's account

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