The practice of disguising illegally gained funds so that they seem legal is called ____. a. identity theft b. vishing c. spoofing d. money laundering, Money laundering is a term used to describe a scheme in which criminals try to disguise the identity, original ownership, and destination of money that they have obtained through criminal conduct. The laundering is done with the intention of making it seem that the proceeds have come from a.
This is often done by exchanging illegal funds in smaller and less conspicuous amounts. The funds may be exchanged for other liquid forms of cash, such as traveler checks, bank drafts or savings account deposits. Layering The next stage of money laundering attempts to.
Enable several guest accounts Question 13 4 out of 4 points The practice of disguising illegally gained funds so that they seem legal is called ____. Selected Answer: a. money laundering Answers: a. money laundering b. vishing c. spoofing d.
9/25/2009 · Money laundering is the practice of disguising illegally obtained funds so that they seem legal. It is a crime in many jurisdictions with varying definitions. Its a key operation of the underground economy. In US law it is the practice of engaging in financial transactions to conceal the identity, source, or destination of illegally gained money .
The practice of disguising illegally gained funds so that they seem legal is called _____. money laundering Under the Identity Theft and Assumption Deterrence Act of 1998, the _____ is assigned responsibility to help victims restore their credit and erase the impact of the imposter.
The practice of disguising illegally gained funds so that they seem legal. Encryption Devices Can be used to encode data and information to help precent unauthorized use.
