You work in the general counsel's office al a mid-size online retail firm. Your firm specializes in women's clothing which it sources from an international supply chain.

A nonprofit group has recently released a report on the trafficking of persons for forced labor in the textiles industry. One of the countries that the report singles out for particularly widespread abuses is home to several of your firms’ suppliers.

The general counsel’s office is asked to develop a program for due diligence on suppliers tied to their human trafficking risks

Which steps would be MOST appropriate to include? Choose 2 answers

A credit card company has recently become aware that fraudsters are obtaining multiple cards using stolen or synthetic identities II is now reviewing its card application process to identify potential weaknesses.

Which two elements in the company's application process are potential weaknesses? Choose 2 answers

You are asked to investigate the apparent deterioration of financial condition within a company.

Considering the income statement above where should you begin your investigation?

Bob a representative of Company A meets with a representative from the State Ministry of Country X to discuss a construction project in the country. The Ministry representative states that it is highly unlikely for a foreign firm to win such a bid without additional efforts" on the part of the foreign firm Bob s job is on the line and he pays the representative.

This is an example of which offense?

Company A is a New Jersey-based company, that trades in the metals industry and has been in business for less than two years. To augment their financing, they approach several banks to obtain loans to be repaid in 180 days. The collateral for the loans is the receivables. When the banks ask Company A for documentation to support the receivables, they are presented with documentation that suggests the receivables are coming from customers in various industries none of which have anything to do with metals.

Which is a red flag of illegal incoming revenue to an entity?

Mr. X is a business consultant who specializes in helping European companies expand their operations into Latin America. You are part of a law enforcement unit investigating Mr. X who is under suspicion of assisting his clients to conceal bribe payments made to government officials in Latin American countries.

Mr. X is known to control a number of different companies and their related subsidiaries within several Lam American countries. You are tracing (funds that originated from an account held by one of Mr. X's companies in the UK in an effort to establish that he is involved in the corruption and money laundering scheme.

Which would provide the BEST indicator That Mr. X is helping to launder funds connected to bribery?

You are investigating a steel company that is under suspicion of being used by a mafia organization as a conduit for illicit funds transfers and commodities transactions You come across documents of a len-ton shipment of low-grade industrial steel bars for Thailand divided into one-ton containers.

Which is the BEST indicator that this shipment is suspicious and requires additional investigation?

Which fraud channel is used lo steal personal identifying information from your computer?

During a sanctions compliance audit, it is discovered that ABC Company, a corporate client of a financial institution, has subsidiaries operating in countries subject to comprehensive sanctions. What is the financial institution’s obligation regarding its business relationship with ABC Company?

Which is the MOST effective way to verify a company's registration information?