ACAMS AML CAMS Question # 21 Topic 3 Discussion

Casinos arehigh-riskformoney launderingdue to theircash-intensive natureandease of moving funds anonymously.

Option A (Correct):Aprivate company sending funds into multiple patron accountsissuspiciousbecause it may indicatemoney laundering structuringor use ofmules.

Option B (Incorrect):Betting on multiple events isnormal behaviorunless there isevidence of match-fixing.

Option C (Incorrect):Large cash buy-ins are common in casinos; however, they become suspicious when coupled withother red flags(e.g., no actual gambling).

Option D (Incorrect):Transferring winnings may be aregular transactionunless linked tostructured transactions.