Money Laundering

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Questions and Answers

What process is used to conceal the origin of funds generated from criminal activities?

  • Tax evasion
  • Money laundering (correct)
  • Ponzi schemes
  • Terrorist financing

What are the funds from criminal activities often deployed in?

  • Legitimate assets (correct)
  • Illegal activities
  • Corruption
  • Terrorist activities

What is closely connected with money laundering?

  • Tax evasion
  • All financial crimes (correct)
  • Ponzi schemes
  • Corruption

Which component of the triad has developed linkages with money laundering?

<p>Terrorist financing (B)</p> Signup and view all the answers

Which of the following is a significant part of criminal activities?

<p>Financial crimes (A)</p> Signup and view all the answers

What is the purpose of money laundering?

<p>To conceal the origin of funds from criminal activities (C)</p> Signup and view all the answers

What is a common characteristic between money laundering and terrorist financing?

<p>Both use similar modalities (D)</p> Signup and view all the answers

What type of activities are often funded by money laundered funds?

<p>Legal activities (A)</p> Signup and view all the answers

Which crimes are closely connected with money laundering?

<p>Corruption, tax evasion, Ponzi schemes, other financial crimes, cybercrimes (C)</p> Signup and view all the answers

What has become a significant part of criminal activities?

<p>Financial crimes (A)</p> Signup and view all the answers

What is the third component of the triad related to criminal activities?

<p>Terrorist financing (D)</p> Signup and view all the answers

Which of the following is not a criminal activity associated with money laundering?

<p>Investing in legal activities (B)</p> Signup and view all the answers

Why has terrorist financing developed linkages with money laundering?

<p>Because both use similar modalities (D)</p> Signup and view all the answers

How does money laundering contribute to financial crimes?

<p>By infusing illegal funds into the financial system (A)</p> Signup and view all the answers

Which of the following crimes does not form a substantial portion of money laundering funds?

<p>Petty theft (C)</p> Signup and view all the answers

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