Question

Which of the following are examples of Structuring?
(Select all that apply)

A) Trying to purchase or reload multiple prepaid cards/gift cards, in multiple transactions as smaller amounts
B) Purchasing prepaid cards/gift cards at different registers,
C) Breaking up a large amount of money by coming in several times a day to conduct financial services transactions

Answer 1

Answer:all of them

Step-by-step explanation:

I just took the test

Answer 2

'All the given statement' demonstrates structuring.

In the context of money laundering, 'Structuring' is characterized as the process in which a huge sum of money is split into smaller sections or transactions in order to locate funds without coming to the notice of the legal department.

• To ensure this splitting of money, several bank accounts with several names are used.
• Attempts to make purchases worth smaller amounts using multiple cards.
• Registering these purchases with different platforms.
• Making financial transactions at different times of the day to avoid being caught.

Thus, all the options are correct.

Learn more about 'structuring' here:

brainly.com/question/4072914