Which of the following methods is used to make detection of persons responsible for money laundering more difficult:
A) The use of electronic bank transfers
B) The use of cashier's checks
C) The use of commercial checks
D) All of the above

Question

Which of the following methods is used to make detection of persons responsible for money laundering more difficult: 
A) The use of electronic bank transfers
B) The use of cashier's checks
C) The use of commercial checks
D) All of the above

Quizplus · Accepted Answer

The use of cashier's checks is often associated with money laundering as it allows for anonymity and is considered a high-dollar instrument. Therefore, the use of cashier's checks makes detection of persons responsible for money laundering more difficult. The other options, electronic bank transfers and commercial checks, are commonly used and can leave a paper trail that makes it easier to trace and identify potential money laundering activities.

Which of the Following Methods Is Used to Make Detection