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Claude stole a large amount of cash from his employer and then deposited the funds into a domestic bank account Next, he wired the illicit funds to a foreign bank account and engaged m several other transactions using foreign accounts to make them difficult to trace Finally, he transferred the funds back to a domestic account and then spent the money. Which of the following actions was the layering stage of Claude's money laundering scheme?- A. When he moved the funds through several transactions using foreign accounts
- B. When he first stole the cash from his employer
- C. When he first deposited the funds into a domestic account
- D. When he spent the money
Answer: A
NEW QUESTION 25
Which of the following statements concerning the appointment of expert witnesses at that is accurate?- A. Generally, only the parties may select experts to introduce testimony in adversarial jurisdictions
- B. Generally, only the parties may select expert witnesses in inquisitional jurisdictions.
- C. Generally, the court appoints the primary expert witnesses in inquisitorial jurisdictions.
- D. Generally the court selects the primary expert witnesses in adversarial jurisdictions.
Answer: B
NEW QUESTION 26
Tatiana is the chief executive officer (CEO) of Mattress World Warehouse, a retail mattress store that has been struggling financially A week before Mattress World Warehouse files for bankruptcy Tatiana sets ten mattresses to her husband at 80% below market value Which type of fraud scheme has Tatiana MOST LIKELY committed?- A. A concealed transfer
- B. A fraudulent bankruptcy
- C. A planned bustout
- D. A fraudulent conveyance
Answer: A
NEW QUESTION 27
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