CAMS Exam Dumps | What indicates potential money laundering activity by a lawyer?

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Question 117/263

What indicates potential money laundering activity by a lawyer?

A. A lawyer's trust account regularly receives wire transfers from unknown remitters in a high risk country and immediately redirects the same funds to the same remitters account in a low risk country

B. A lawyer's trust account receives a large value wire transfer from a publicly listed life insurance company and then immediately transfers the same funds out to an unknown individual in a low risk country

C. A lawyer's account in a low risk country receives a bank draft from another lawyer firm in a high risk country

D. A lawyer's account in a high risk country receives a cash deposit of an amount that is considerable below the reporting threshold

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Question 117/263

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