WorksheetsTransaction Monitoring Team training
Total questions: 14
Worksheet time: 8mins
Name
Class
Date
1.
According to transparency.org which country is most corrupt when you have considered their Corruption Perceptions Index as of 2022.
a)
Somalia
b)
North Korea
c)
Bhutan
d)
Denmark
2.
Which German company bribed government officials and civil servants for over a decade, ammounting to $ 1,4 billion?
a)
Deutsche Telekom
b)
Porsche
c)
Siemens
d)
DHL (Deutsche Post)
3.
When did Money Laundering first became a legal offence
a)
1932
b)
1970
c)
1986
d)
2000
4.
What is the estimated scale of money laundering worldwide?
a)
€ 100 mio - € 1 billion
b)
€ 1 billion - € 100 billion
c)
€ 100 bilion -€ 500 billion
d)
> € 500 billion
5.
A number of reccomendations regarding money laundering and terrorist financing have been made by whom?
a)
Financial Accounting Task Field
b)
Financial Anti Terrorism Federation
c)
Financial Advisory Treasury Foundation
d)
Financial Action Task Force
6.
When was the term Money Laundering officially recorded (in a dictionary)
a)
During the 1970's at the time of the Watergate scandal
b)
Around 100 A.D. when Chinese merchants tried to 'protect' their profits from trading bans
c)
In the 1930's when Al Capone 'washed' his money through actual laundromats
d)
In the 1980's when the governements started defining legal consequences
7.
What is the term for breaking up large sums of money into
smaller amounts?
a)
Smuggling
b)
Smurfing
c)
Shorting
d)
Shrinking
8.
How much in US $ at current Bitcoin prices did Laszlo Hanyecz pay on May 22 2010 for two pizzas?
a)
around $ 400K
b)
around $ 40 mio
c)
around $ 400 mio
d)
around $ 4 billion
9.
Which term is a form of scamming via cryptocurrency?
a)
Pig Butchering
b)
Rug Pull
c)
Cryptojacking
d)
Exit scam
10.
Which term is used to describe the process of sending money through multiple financial insitutions to make it difficult to track?
a)
Integration
b)
Placement
c)
Camouflage
d)
Layering
11.
Is there a minimum amount for which transactions are subject to sanctions?
a)
True
b)
False
12.
We are all very aware of OFAC imposing sanctions (and hefty fines) but what is OFAC?
a)
an agency of US Homeland Security
b)
the Official Financial Advisory Center
c)
an agency of the US Department of Treasury
d)
a front for the CIA
13.
As mentioned in the previous question, penalties from OFAC can be hefty. What is the range of penalties for sanctions violations for OFAC?
a)
$ 50K to $ 1mio fine
b)
$ 500K to $ 100 mio and imprisonment up to 15 years
c)
$2K to millions/billions and imprisonment up to 30 years
d)
imprisonment up to 100 years
14.
Which actor seems to have fun portraying fraudsters, playing two real-life criminals in two different Hollywood movies?
a)
Brad Pitt
b)
George Clooney
c)
Ben Affleck
d)
Leonardo di Caprio
100 %
