CAMS · Question #412
A bank account is established for a new business customer. The business was established five years ago with an address in another state. The business website contains few details other than stating it
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Question
A bank account is established for a new business customer. The business was established five years ago with an address in another state. The business website contains few details other than stating it is a real estate business. One principal has an international telephone number and appears to be living in another country. The other principal works out of a recreational vehicle. What warrants enhanced due diligence in this scenario?
Options
- AShell company
- BHuman trafficker
- CPolitically exposed person
- DMoney laundering through real estate
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