You are a money laundering investigator at a financial institution. You discover that the target of one of your cases was your direct supervisor during previous employment.
How should you proceed?

• A. Continue working the case because the target of the investigation is not a family member or close associate
• B. Stop investigating the case and have it assigned to a coworker or supervisor
• C. Notify your current supervisor and assure him or her you will maintain confidentiality on the case
• D. Use your inside information to build a stronger case

Your bank has recently received an online application for a new business account from a company named ACE Operations, LLC By reviewing the operating agreement and other documents included in the application, you determine that ACE is incorporated in the U S state of Wyoming.
A review of the Wyoming corporate registry online shows that ACE was formed 15 years ago. An initial Internet search produces no company website or further information about the company. The registered agent's contact information and address on the company's most recent annual filing is for Capital Solutions a corporate services provider.
Concerned that ACE Operations appears to be a shelf corporation you are conducting further due diligence on the company's ownership structure Which is the MOST appropriate next step to take?

• A. Request a company organizational chart that includes members, directors, and other stakeholders
• B. Request that the registered agent submit a self-certification of any parties with a 51% or greater ownership stake in ACE Operations
• C. Research annual filings in the corporate registry to determine if ACE Operations had any previous owners
• D. Request a certificate of good standing from the Wyoming corporate registry for ACE Operations

A prosecutor in Country X needs to obtain the legally admissible testimony of Person A who resides in the United States, related to an ongoing criminal investigation Person A is incapable ol traveling and will only provide testimony if compelled by a court order in the U.S. There is no bilateral or multilateral treaty or convention that facilitates mutual legal assistance between these two countries.
Which should the prosecutor submit to obtain the testimony of Person A?

• A. A Mutual Legal Assistance Treaty request
• B. A Letters Rogatory request
• C. A request for a production order
• D. A request for a litigation hold

Joe Brown a new small business owner wants lo open a new business account at Mega Bank. He Sils down with a bank officer who is very friendly and asks about his new business and his family Joe becomes uncomfortable about sharing so much information about himself with a stranger. He expresses his concern and the bank officer tells him that this information is required for anyone opening a newaccount with Mega Bank and that every other bank is going to ask him the same questions.
Assuming it is a low-risk customer which information does a bank need to collect and then verify from a new account holder?

• A. Joe's previous employment information and income
• B. Business name industry address tax identification number and corporate documents
• C. Financial documents on Joe's income and source of funds
• D. Number of employees expected transactions and types of expenses

Company A required capital to purchase wholesale consumer products to resell to retail outlets Company A solicited working capital by offering investors promissory notes in exchange for borrowed funds. The promissory notes promised a high annual interest rate of 14% Company A paid the promised 14% returns and a commission from the new funds received from later investors No wholesale products were purchased with the investors funds and there was no underlying business.
Which type of fraud is being described?

• A. Pyramid scheme
• B. Pump and dump scheme
• C. Advanced Fee scheme
• D. Ponzi scheme