BSA-AML Examiner School eBook

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Example 5: I was notified by staff from the Virginia Branch that a member was making cash deposits out of her usual deposit pattern. It has continued that she is coming into the Virginia branch and making large cash deposits the same day or next day using a cash app to send the money back out of the account. Looking at the transactions she is occasionally keeping a small amount of the funds. Listed below is a list of the cash transactions activity in and out. I will continue to monitor this member’s activity. Sept 16, 2019- in- 1,200 Sept 21, 2019- in- 700 Oct 2, 2019- out- 900 Sept 17, 2019- out- 1,200 Sept 25, 2019- out- 2,100 Oct 4, 2019-in- 1,900 Sept 17, 2019- in- 1,700 Sept 25, 2019- in- 1,300 Oct 5, 2019- out 1,900 Sept 18, 2019- out- 1,800 Oct 1, 2019- out- 1,300 Oct 8, 2019- in- 2,100 Sept 21, 2019- out- 1,100 Oct 1, 2019- in- 1,000

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