Three individuals enter a casino and use cash to purchase chips worth 20,000 USD. The trio uses 200 USD in chips to play games and then combine their funds to request a casino cheque. What is the…

Question

Options

• AThe trio purchased the chips with cash and proceeded to gamble.
• BThe trio engage in minimal gambling and combine the funds to request a casino cheque for the
• CThe trio uses chips worth 200 USD to gamble before requesting the refund.
• DThe trio purchased chips worth 20,000 USD and requested a casino cheque for the remaining

• A
  12% (6)
• B
  79% (41)
• C
  4% (2)
• D
  6% (3)

Explanation

The potential red flag that alludes to money laundering is option B, where the trio engage in minimal gambling and combine the funds to request a casino cheque for the chips presented. This behavior is indicative of structuring, which involves breaking down large transactions into smaller ones to avoid detection by the casino and regulatory authorities. The fact that the trio only used a small amount of chips to play games, and then combined their funds to request a casino cheque, raises suspicions that they may be attempting to disguise the origin of their funds.

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