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Exam CAMS topic 1 question 281 discussion

Actual exam question from ACAMS's CAMS
Question #: 281
Topic #: 1
[All CAMS Questions]

One of the red flags of microstructuring is:

  • A. depositing sequentially numbered checks.
  • B. check deposits followed by ATM withdrawals using debt card in retail store.
  • C. single activity in an account immediately following the opening of the account.
  • D. frequent visits to make cash deposits of nominal amounts.
Show Suggested Answer Hide Answer
Suggested Answer: D 🗳️
Reference:
https://www.acamstoday.org/developing-terrorist-financing-typologies-for-aml-programs/

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chekaz
Highly Voted 7 months, 3 weeks ago
D - pg. 23
upvoted 9 times
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martin_jeong
Most Recent 1 week, 1 day ago
Selected Answer: D
D is the answer
upvoted 1 times
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martin_jeong
1 week, 2 days ago
Selected Answer: A
25p watch
upvoted 1 times
martin_jeong
5 days, 16 hours ago
sry chg D
upvoted 1 times
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Sipi
4 months, 3 weeks ago
Sequentially numbered checks come up in the contect of Remote Deposit Capture, trade-based money laundering, and money laundering via sale/purchase of vehicles. Thus, A is out for microstructuring.
upvoted 2 times
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SPPAL
7 months, 4 weeks ago
Should be D.
upvoted 3 times
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