ACAMS
CAMS · Question #613
What should a bank do if it suspects one of its employees may be involved in mortgage loan fraud?
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Conducting and Responding to Investigations
Question
What should a bank do if it suspects one of its employees may be involved in mortgage loan fraud?
Options
- AFile a suspicious activity report on the employee's activities if management thinks it is suspicious.
- BConduct an investigation by gathering and analyzing information on the employee.
- CAutomatically file a police report about the employee's potential misconduct.
- DInitiate civil litigation against the employee to recover damages for losses incurred.
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Topics
#internal investigation#employee misconduct#mortgage fraud#information gathering