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Worksheets

Money laundering

Total questions: 14

Worksheet time: 8mins

Name
Class
Date
1.

___________ was convicted of tax evasion in the 1930’s.

a)

Albert Einstein

b)

Alexander Hamilton

c)

Al Capone

2.

What act, pertaining to money laundering, was significant in the year 1986?

a)

The Money Laundering Suppression Act

b)

The Bank Secrecy Act

c)

The Money Laundering Control Act

3.

Money laundering is a:

a)

Hate crime

b)

Financial crime

c)

Identity Theft crime

4.

___________ is the third stage of the money laundering process.

a)

Layering

b)

Integration

c)

Placement

5.

With the rise of virtual currency what is another method used to launder money?

a)

Second line

b)

Arts & War

c)

Bitcoin

6.

Al Capone was convicted of tax evasion

a)

TRue

b)

faLSe

7.

Al Capone earned money from___________

a)

gambling

b)

bootlegging

c)

brothels

d)

human trafficking

8.

What is the second step of money laundering?

a)

placement

b)

integration

c)

layering

9.

Which is the step where the money launderer is the most vulnerable?

a)

layering

b)

integration

c)

placement

10.

Which is the step where casinos are popular?

a)

layering

b)

placement

c)

integration

11.

When was the money laundering officially recognized as a federal crime in the USA?

a)

1988

b)

1976

c)

1986

d)

1996

12.

What is the estimated value of money laundering on a yearly basis?

a)

a lot

b)

not a lot

c)

hundreds of billions

d)

no

13.

Money laundering came to be the term for any process_______

a)

that cleans illegaly obtained funds of their dirty criminal origins allowing them to be used within the legal economy.

b)

that cleans illegaly obtained funds of their dirty criminal origins.

14.

What is tax evasion in hungarian?

a)

adócsalás

b)

költségvetési csalás

c)

taxi hívás

d)

toblerone AL Capone