ACAMS
CAMS · Question #589
CAMS Question #589: Real Exam Question with Answer & Explanation
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Question
Which is an example of structuring with regards to money laundering?
Options
- AA person uses the hawala system to transfer 10,000 USD from Australia to a family member in
- BA person deposits 100,000 USD in cash at a bank.
- CA person deposits substantial sums of currency into a number of local branches by making
- DA person deposits a large amount of more than 100,000 USD in cash and transfers it to another
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