ACFE Exam CFE-Law Topic 1 Question 56 Discussion

Actual exam question for ACFE's CFE-Law exam

Question #: 56
Topic #: 1

Which of the following statements concerning front businesses as a method of laundering money is the LEAST ACCURATE?

AA red flag of a front business is the observation of a large number of customers during peak operating hours

BFront businesses provide cover for delivery and transportation related to illegal activity

CFrom criminals' perspective a disadvantage to front businesses is that they generally must pay taxes on the illicit income

DFront businesses benefit launderers by providing a safe place to manage criminal activities

Show Suggested Answer

Suggested Answer: A

by Cassandra at Feb 09, 2025, 09:47 PM

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Tina

3 days ago

Option C is definitely the least accurate. Criminals couldn't care less about paying taxes on their illicit income. That's the whole point of money laundering!

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Miss

12 days ago

Why do you think that?

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Reid

16 days ago

I disagree, I believe it's D.

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Miss

17 days ago

I think the answer is C.

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