Definition of money laundering

Assignment Help Science
Reference no: EM133307398

1. Your client, Joy, deposits a cheque for $500 to his bank account and immediately conducts a $100 Point of Sale (POS) purchase at a grocery store. A few days later the cheque is charged back/returned as 'Counterfeit Item'. What type of offence(s) does the above scenario represent?

i. A money-laundering offence

ii. A fraudulent act

iii. It's neither a fraud nor a money-laundering offence

iv. Both, a fraud as well as a money-laundering offence

2. What is the Predicate Offence that you identify in the above scenario?

3. What are the two stages of money laundering that you identify in this case scenario? Please provide an example from the case scenario to explain each stage of ML that you identified.

4. Based on the definition of money laundering, please explain how you would consider the above case scenario to constitute as a money-laundering offence.

Reference no: EM133307398

Questions Cloud

Butyric fermentation and dry decay : The stages of composition are initial decay, putrefaction, black putrefaction, butyric fermentation, and dry decay.
Characteristic of successful people : From the standpoint of Surah Al-Baqarah, discuss the concept of undoubted faith as a characteristic of successful people. Explain with the help of examples
Describe two-party coalitions and multi-party negotiations : Describe two-party, coalitions, and multi-party negotiations. Within your description, include a real-life example of how these types of negotiation are used in
How the brilliant investigative team found and interpreted : RELS 1001 Memorial University of Newfoundland how the brilliant investigative team found and interpreted evidence, linked related evidence together
Definition of money laundering : Based on the definition of money laundering, please explain how you would consider the above case scenario to constitute as a money-laundering offence.
Why do you think god is so serious about his relationship : Covenants are the most serious of relationships - marriage itself is a covenant. Why do you think God is so serious about His relationship with His people
Provide the context of employee relations in tv3 : Provide an introduction of the assignment, including the context of ER (employee relations) in TV3 and three main issues of conflict in the case study
German mixture classification scheme : Provide a crime scene scenario for each of the three types of German Mixture Classification Scheme
How much power do our words have : How much power do our words have? This is the question that I asked myself while reading a magazine. It was a story about how Steph Curry joked to a news

Reviews

Write a Review

Science Questions & Answers

  Journal of pharmaceutical sciences

This journal is a scientific publication of Indian Pharmaceutical Association and highlights various bright points of it.

  Optical fibres

This document discuss about the main attributes and characteristics of optical fibres.

  Micro organisms

This project report reveals the fact and proves a specific objective mentioned to be studied upon.

  Describing histology of an organ

The discussion of the technique should include a literature review on the evolution of the technique.

  Interpret the sensitivity of mammography

Calculate and interpret the sensitivity of mammography. Diagnostic test with Sensitivity 50%, Specificity 50% and prevalence 50%. Crude mortality rate. Damage caused by motor vehicle accidents.

  Discuss the role that science plays in your daily life

Role that science plays in your daily life and Integrity, Intensity, Innovation, and involvement in scientific field

  Prepare a flexible budget gator divers

Prepare a Flexible Budget Gator Divers is a company that provides diving services such as underwater ship repairs to clients in the Tampa Bay area.

  Neurological disorders

Designing a neuroprosthesis for the neurological disorders

  Complexity of cell surfaces

Lipid rafts provide another example of the complexity of cell surfaces in both their structural character and biologic functionality. Please explain the nature of these structures and their functionality.

  Exploratory activity on bird beaks

Describe how natural selection and evolution are demonstrated by this activity

  Spatial and temporal variation of heat content in the upper

In this study the temporal and spatial variation of heat content in the upper 70m layer of the Arabian Sea was for a period of 1991 to 2008 have been attempted.

  Earthquake databases

Earthquake Databases

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd