Posted by: Pdfprep
Post Date: February 4, 2021
Indicate whether the following statement is True or False.
Money launderers often use professional intermediaries to layer their illegal funds. These professional intermediaries include lawyers, company formation agents, accountants and other professionals working in non-financial institutions. A banker is not generally regarded as a professional intermediary because he works in a financial institution.
A . TRUE
B . FALSE
Answer: B
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