Exam CAMS Topic 1 Question 85 Discussion
Actual exam question for ACAMS's CAMS exam
Question #: 85
Topic #: 1
Question #: 85
Topic #: 1
A U.K. real estate agent has three foreign clients interested in purchasing an apartment building, valued at £30 million, in the outskirts of London as an investment property. The clients are not willing to have their names provided to the bank. The clients want the purchase to be made in the names of three private companies for privacy reasons. The plan is to wire the funds into an account held in the name of another private company at a bank in London.
Which red flag should stop the agent from discussing this potential purchase further?
Which red flag should stop the agent from discussing this potential purchase further?
Suggested Answer: B Vote an answer
by Will at Aug 20, 2024, 04:31 AM
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