ACAMS
CAMS · Question #718
Which of the following indicates potential money laundering activity by a lawyer?
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Risks and Methods of Money Laundering and Terrorist Financing
Question
Which of the following indicates potential money laundering activity by a lawyer?
Options
- AA lawyer's trust account regularly receives wire transfers from unknown remitters from a higher-
- BA lawyer located in a higher-risk country deposits their firm's bank draft issued from their trust
- CA lawyer's trust account receives a large-value wire transfer from a regulated insurance company
- DA lawyer's trust account receives a large wire transfer deposit from a client that wanted to
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Topics
#DNFBP#lawyer trust account#red flags#wire transfers