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ACFE Certified Fraud Examiner CFE-Law Question # 5 Topic 1 Discussion

CFE-Law Exam Topic 1 Question 5 Discussion:
Question #: 5
Topic #: 1

Greta obtained money from illegal activities, which she deposited into a domestic bank account. Next, she moved the funds to several foreign accounts in the form of fake loans and transactions to make the audit trail difficult to follow. Finally, she transferred the funds back to a domestic account that she controlled and then spent the money. In which of the following stages of money laundering did Greta engage when she first deposited the money into a domestic account?


A.

Integration


B.

Placement


C.

Implementation


D.

Layering


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