CAMS Exam Dumps | A typical red flag regarding potential money laundering in connection with an art purchase occurs when

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Question 48/263

A typical red flag regarding potential money laundering in connection with an art purchase occurs when a customer:

A. buys a painting as an anonymous bidder and provides the source of wealth.

B. asks to pay in installments and pays from two differently named accounts.

C. asks to pay a large amount in cash without a comprehensible reason.

D. pays more at an auction for a painting than the estimated maximum price.

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