CAMS Exam Dumps | Upon a routine account review a money laundering investigator identified a number of large round dollar

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Question 150/292

Upon a routine account review a money laundering investigator identified a number of large round dollar wire transfer deposits into a business account owned by a local auto repair shop. The wire transfers all originated from a country that is a known financial secrecy haven with poor anti-money laundering controls. The investigator concludes there appears to be no legitimate business purpose for the wire transfers and files a suspicious transaction report. The owner of the auto repair shop is popular in the community and is a wellknown philanthropist.
To whom should the investigator escalate these concerns?

A. Audit committee

B. Chairman of the Board

C. The owner of the auto repair shop

D. The bank anti-money laundering officer

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