CAMS Exam Dumps | The anti-money laundering compliance officer for a small money transmitter has several agent locations

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Question 261/332

The anti-money laundering compliance officer for a small money transmitter has several agent locations in the same geographic area in the United States. The customers are immigrants from Country A and the majority of the funds are remitted to Country A.
In a meeting with one of the agents, it is recently discovered that two new customers have been coming in three times a week and sending funds to the same recipient in Country B. Each cash transaction always totals exactly $8,000.
What should alert the agent to possible money laundering activity by the two customers?

A. It is unusual for customers to remit to Country B

B. They remit funds to the same person

C. Each of their transactions is just below the cash reporting threshold

D. They have been coming in three times a week

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