Acams CAMS Exam - Topic 2 Question 100 Discussion

Actual exam question for Acams's CAMS exam

Question #: 100
Topic #: 2

[All CAMS Questions]

[Risks and Methods of Money Laundering and Terrorist Financing]

A new accounts representative recently opened an account for individual whose stated employment is tutoring students.

Which customer action indicates possible money laundering?

AContinually making weekly small cash deposits

BPeriodically initiating wire transfers to another account owned by a relative

CTransferring all funds to another bank on the same day of large cash deposits

DOpening a savings account and makes frequent transfers from the checking account

Show Suggested Answer

Suggested Answer: C

by Aliza at Jul 05, 2025, 03:30 PM

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Carlene

3 months ago

B seems normal to me, why would that be a problem?

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Shonda

3 months ago

I think C is the most concerning, transferring all funds like that?

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Naomi

3 months ago

Totally agree, A and C both raise red flags!

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Sina

4 months ago

Wait, why would a tutor need to move large cash deposits so quickly?

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Terina

4 months ago

A is definitely suspicious with those small cash deposits.

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Vallie

4 months ago

I recall that moving money quickly after a deposit is a classic sign of money laundering, so I'm leaning towards option C as well.

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Buddy

4 months ago

I think option B is a common scenario we practiced, but it feels less suspicious than transferring all funds right after a large deposit.

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Hester

4 months ago

I'm not entirely sure, but I feel like frequent small cash deposits could also indicate suspicious activity. It seems like something we covered in class.

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Gaynell

5 months ago

I remember discussing how large cash deposits followed by immediate transfers can be a red flag for money laundering. So, I think option C might be the answer.

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Tommy

5 months ago

Continually making small cash deposits seems like the most obvious red flag to me. That's a classic money laundering tactic to try to avoid raising suspicion.

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Izetta

5 months ago

Okay, I think the key here is looking for suspicious transaction patterns that could indicate money laundering. I'll review each option and try to identify which one best fits that criteria.

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Amber

5 months ago

Hmm, I'm a little unsure about this one. I'll need to think through the different options carefully to make sure I understand the signs of potential money laundering.

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Huey

5 months ago

This one seems pretty straightforward. I'm going to focus on the key details about the customer's account activity.

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Dominga

7 months ago

I think D is the correct answer because it seems like a normal banking behavior.

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Staci

8 months ago

D) Opening a savings account and making frequent transfers from the checking account? Sounds like someone's trying to create a paper trail to cover their tracks.

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Roselle

8 months ago

I'm not sure, but I think B could also be a possible answer.

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France

8 months ago

Haha, this reminds me of that movie 'The Wolf of Wall Street' where they were shoveling cash into garbage bags. Can't go wrong with the classic approach!

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Denny

7 months ago

That's a red flag for sure!

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Christene

7 months ago

Depositing large amounts of cash into the account

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Bulah

8 months ago

I disagree, I believe the answer is C.

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Val

8 months ago

I think the answer is A) Continually making weekly small cash deposits. That's a common way to try and fly under the radar and avoid detection.

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Carolann

8 months ago

Hmm, I'm not sure. B) Periodically initiating wire transfers to another account owned by a relative could also be a red flag. Maybe they're trying to move money around to hide the source.

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