A bank employee recently opened an account for a new restaurant. Daily cash deposits over a three-month period are close
Posted: Thu Jul 21, 2022 8:59 pm
A bank employee recently opened an account for a new restaurant. Daily cash deposits over a three-month period are close to $9,500.
What are two red flags that indicate possible money laundering or terrorist financing? (Choose two.)
A. The restaurant is located in a different city Most Voted
B. The daily cash deposits are so close in amount Most Voted
C. It is a new account that has daily cash deposits
D. The new account demonstrates a steady flow of income
What are two red flags that indicate possible money laundering or terrorist financing? (Choose two.)
A. The restaurant is located in a different city Most Voted
B. The daily cash deposits are so close in amount Most Voted
C. It is a new account that has daily cash deposits
D. The new account demonstrates a steady flow of income