When perpetrating a bustout scheme, an individual or business typically performs which of the following actions?

• A.Files a bankruptcy petition under the name of an uninvolved person
• B.Obtains a business insurance policy using illicit assets
• C.Uses credit to purchase a considerable amount of goods
• D.Colludes with inventory suppliers to conceal assets

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Jabbar, a member of a legal team, is in the process of gathering and reviewing documents found on a fraud suspect's laptop for use in a legal proceeding. He is sorting through the electronic documents to find key information to present in court. Jabbar is MOST LIKELY engaging in:

• A.Evidence chronology.
• B.E-discovery.
• C.Data analysis.
• D.Digital forensics.

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Aliyah is an employee at Chatham, a publicly traded corporation, and she owns shares of Chatham ' s stock.
Aliyah learns that Chatham is going to publicly announce low earnings, so she sells her shares of Chatham ' s stock. If her conduct is illegal in the jurisdiction where she works and resides, then what type of crime did Aliyah MOST LIKELY commit?

• A.Churning
• B.Insider trading
• C.Trading on margin
• D.Futures fraud

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Which of the following statements is MOST ACCURATE regarding how a fraud examiner should prepare for an interview with a subject from a different jurisdiction?

• A.Failing to observe cultural norms is not a concern if the interviewer is from a different country than the interviewee.
• B.Consulting with legal counsel is only necessary when an investigation spans multiple
• C.A fraud examiner should find out whether the interviewee can insist upon the presence of a legal representative
• D.A fraud examiner does not need to research cultural considerations such as appropriate greetings and eye contact.

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The same customer goes into a bank each day and purchases bearer instruments with cash in amounts just under the mandatory reporting requirements in the jurisdiction. The bank employees suspect that the customer is attempting to violate the jurisdiction's money laundering regulations. If the jurisdiction's anti-money laundering AML regulations follow the Financial Action Task Force FATF Recommendations, then the bank:

• A.May not file a report of suspicious transactions related to potential criminal activity with the appropriate authorities
• B.Is required to file a cash transaction report for possible criminal activity with the appropriate authorities because the purchases involved cash
• C.Is required to file a report of suspicious transactions with the appropriate authorities because the employees suspect money laundering violations
• D.May, but is not required to, file a report of suspicious transactions related to possible money laundering with the appropriate authorities

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