CFE Law Dumps (V11.03) Are the Most Updated Resource for Certified Fraud Examiner (CFE) – Law Exam: You Can Read CFE Law Free Dumps (Part 1, Q1-Q40) First

1. Claude stole a large amount of cash from his employer and then deposited the funds into a domestic bank account Next, he wired the illicit funds to a foreign bank account and engaged m several other transactions using foreign accounts to make them difficult to trace Finally, he transferred the funds back to a domestic account and then spent the money .

Which of the following actions was the layering stage of Claude's money laundering scheme?

2. Countries A and B both follow the Financial Action Task Force (FATF) Recommendations concerning cross-border transfers of currency Trevor is traveling from Country A to Country B while carrying $16,000 in cash which exceeds Country B's reporting threshold Trevor is required to disclose the amount of currency he is carrying to authorities in Country B.

3. Which of the following situations would constitute a violation of the US Foreign Corrupt Practices Act (FCPA)

4. The Organisation for Economic Co-operation and Developments (OECD) Recommendation on Combating Bribery m International Business (Recommendation) urges member states to combat the bribery of foreign public officials by taking steps to improve which of the following primary areas within their respective infrastructures?

5. The MAIN PURPOSE for maintaining the chain of custody on an item of evidence is to

6. Smith, a Certified Fraud Examiner (CFE). works for the ABC Company, a private entity that operates w a jurisdiction with civil laws for defamation, invasion of privacy. and conflict of interest Smith seizes and searches the personal smartphone of Green an employee of ABC even though Green was not suspected of any wrongdong Assuming that Green had a reasonable expectation of privacy in the smartphone and Smith conducted the search without a legitmate interest or authority, under which of the following claims would Green MOST LIKELY be able to recover damages against Smith?

7. Which of the following is NOT one of the elements that the government must prove to establish a violation of a law criminalizing false statements to government agencies?

8. In jurisdictions that allow for corporate criminal liability which of the following is typically required for the corporation to be vicariously liable for the acts of one of its employees?

9. Which of the following can affect the rights that employees may have during an internal investigation?

10. The MOST COMMON bankruptcy fraud scheme is:

11. Which of the following, if available, would help an organization recover losses from an instance of internal fraud?

12. Which of the following is NOT required for a contract transaction or scheme to be classified as an investment contract?

13. Which of the following is NOT a requirement of the European Union's (EU) General Data Protection Regulation (GDPR)?

14. Which of the following is the MOST ACCURATE statement about the different types of alternative dispute resolution'?

15. A business files for bankruptcy with the goal of obtaining relief from creditors so that it can rearrange its financial affairs and continue as a going concern .

Which of the following describes this type of bankruptcy proceeding?

16. Each day, Rachel purchases $14 500 in bearer instruments with cash from a bank where all currency transactions above 515,000 must be reported to the government Rachets actions are a red flag of which of the following schemes'?

17. To determine if a misrepresentation in the offer or sale of any securities is material a fraud examiner should answer which of the following questions?

18. The Financial Action Task Force (FATF) Recommendations advise countries to do all of the following EXCEPT:

19. Which of the following statements concerning civil trials in common law jurisdictions is MOST ACCURATE?

20. In jurisdictions that allow criminal bargaining agreements the defendant's counsel generally has the discretion to determine whether a bargaining agreement is available to the defendant.

21. Which of the following statements concerning fact finders in criminal trials in common law jurisdictions is MOST ACCURATE?

22. Which of the following is NOT a right of the accused under the United Nations' (UN) International Covenant on Civil and Political Rights (ICCPR)?

23. During a bankruptcy bustout scheme, or planned bankruptcy, the debtor committing the fraud typically performs which of the following actions?

24. Which of the following statements concerning examinations of expert witnesses in most inquisitorial jurisdictions is accurate?

25. Davis is an employee at Waccamaw Homeplace a publicly traded corporation Davis knows that Waccamaw is about to publicly announce a new joint venture project in China, so he buys shares of Waccamaw stock Assuming that his conduct was illegal m the jurisdiction in which he works and resides, what type of crime did Davis MOST LIKELY commit?

26. Which of the following statements about the International Organization of Securities Commissions (IOSCO) s TRUE?

27. Which of the following statements about the appeals process in cranial cases is MOST ACCURATE?

28. Nora, a health care provider b convicted of health care fraud in criminal court After her conviction, the national health agency begins a proceeding to prohibit Nora from seeking reimbursement from government health care programs for five years.

Which type of administrative penalty is the national health agency seeking?

29. Which of the following is generally NOT one of the goals of deferred prosecution agreements?

30. Which of the following is an example of a trade-based money laundering scheme?

31. Company A sued Company B to recover damages tor the breach of a contract. In the same proceeding Company B sought damages for an allegation that Company A fraudulently induced Company B into entering the contract In this case what would Company B's claim against Company A be called?

32. Under the World Bank Principles for Effective Insolvency and Credit/Debtor Regimes (World Bank Principles), which of the following parties should administer the debtor's estate in liquidation bankruptcy proceedings?

33. Which of the following is the MOST ACCURATE statement about the litigation privilege in common law jurisdictions?

34. Which of the following is the MOST ACCURATE statement about the circumstances under which a conflict of interest claim would be actionable against an agent?

35. Which of the following statements concerning the appointment of expert witnesses at that is accurate?

36. Dodd is a Certified Fraud Examiner (CFE) who works for Weathervane, a private company Dodd suspects that Burton a Weathervane employee has embezzled money from the company Dodd plans to conduct an internal investigation into the missing funds.

Based on these facts which of the following is the MOST ACCURATE statement?

37. In most civil law systems, which of the following parties typically serves as the fact finder in criminal proceedings?

38. Ethan a U S resident, is running a Ponzi scheme As part of the scheme, he uses the U S mail system to send promotional materials to potential victims in France If the US government decides to prosecute Ethan, which of the following would provide the MOST LIKELY basis for the charges?

39. Under the best practices listed in the Financial Action Task Force (FATF) Recommendations concerning large cash transactions with customers which of the following transactions would require a report to be Wed with the government?

40. Which of the following scenarios is an example of the criminal sanction known as criminal forfeiture?