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A compliance analyst has recently investigated an account where money was deposited in amounts below the reporting limit and almost entirely withdrawn in a foreign country.
Which type of money laundering is the compliance analyst potentially identifying?
Suggested Answer: D
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25 comments · newest first
RA
Raina
2 days ago
I feel like it's a clear case of C.
GE
Geoffrey
7 days ago
Yes, Microstructuring is specifically for smaller ones.
LE
Leota
12 days ago
Structuring is more about larger amounts, right?
ON
Oneida
17 days ago
But what about D) Structuring?
LI
Lili
23 days ago
Agreed, small deposits fit that.
GE
Geoffrey
28 days ago
I think it's C) Microstructuring.
BR
Brock
1 month ago
Good point, the amounts are below the limit.
LO
Lottie
1 month ago
I’d go with C) too, it matches the pattern.
RE
Reyes
1 month ago
Definitely suspicious activity.
MA
Marla
2 months ago
It’s tricky, but the foreign withdrawals are a clue.
MA
Marvel
2 months ago
I feel like it's a clear case of Microstructuring.
NI
Nina
2 months ago
Yes, C) makes sense here.
JI
Jin
2 months ago
Structuring is more about larger sums, right?
RA
Rachael
2 months ago
But what about D) Structuring?
GI
Gilberto
2 months ago
Agreed, small deposits fit that.
ST
Stephen
3 months ago
I think it's C) Microstructuring.
GE
Genevive
3 months ago
Really? I thought Trade-based was more common for this.
TH
Theresia
3 months ago
I agree, this is classic Microstructuring.
MA
Margot
3 months ago
Wait, could it be Structuring instead?
AN
Angelica
3 months ago
Definitely, those small deposits are a red flag.
EL
Elbert
4 months ago
Sounds like Microstructuring to me!
BR
Brice
4 months ago
I keep mixing up structuring and microstructuring. I think the key here is the small deposits, which might lean towards microstructuring, but I'm not completely confident.
ER
Erasmo
4 months ago
I feel like this question is similar to one we did on trade-based money laundering. But in this case, the focus is on the withdrawal pattern, so maybe it's microstructuring?
MA
Maurine
4 months ago
I'm not entirely sure, but I remember something about structuring being when you break up large amounts into smaller ones. Could this be that?
SH
Shaun
4 months ago
I think this might be related to microstructuring since the deposits are below the reporting limit. It sounds familiar from our last practice session.