Last Updated on January 25, 2022 by Admin 3
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.)
- The restaurant is located in a different city
- The daily cash deposits are so close in amount
- It is a new account that has daily cash deposits
- The new account demonstrates a steady flow of income