An investigator was retained by Corporation A to locale and recover assets in a significant civil Fraud matter.
During this engagement the investigator uncovers significant assets and relers them to the legal team for seizure.
The investigator is later engaged by Corporation B to locate and recover assets in a separate civil fraud matter. During the asset identification process the investigator learns that Corporation B and Corporation A have competing interests and are both pursuing assets from the same subject.
Since only a few weeks have elapsed the investigator uses the information developed for Corporation A and merely updates the information. He submits an invoice to Corporation B for the number of hours it would have taken to properly complete the project if there were no pre-existing work that had already been completed.
Were the investigator's actions appropriate?

• A. Yes, invoicing another client for the amount of work it would have taken is appropriate
• B. No, the investigator should not double invoice and should disclose lo Corporation B his potential conflict of interest with Corporation A
• C. No, it is appropriate lo invoice for Ihe amount of work required but sharing client information is inappropriate
• D. Yes, Ihe investigator was prudent to capitalize on his prior work effort and share the information

InvestPlus was a securities trading firm that purportedly specialized in high-risk high-reward investment opportunities in developing countries. InvestPlus was losing money on many of its products and began to take funds from new clients to repay earlier investors. The scheme was eventually revealed and InvestPlus collapsed leaving behind numerous defrauded investors InvestPlus is now bankrupt.
A group of investors who lost money has hired your law firm to recover assets InvestPlus had complex holdings and investments in many different countries worldwide Without access to the company s financial records it has been difficult to trace them. The owners of InvestPlus reaped substantial profits but led lavish lifestyles and are thought to have burned through most of their assets.
Which is the BEST way your firm could pursue recovery of damages?

• A. Request a summons for the owners of InvestPlus to provide testimony on their financial status
• B. File mutual legal assistance treaty requests in the jurisdictions where InvestPlus is thought to have assets
• C. Investigate whether third parties have facilitated the scheme and, if so, pursue legal action against them
• D. Contact other defrauded investors to see if they have further information on the location of recoverable assets

The money laundering control officer at a bank has determined that there are three business accounts at the bank that are conducting related high velocity transactions that do not match the profile for the stated business activities of the account. Further investigation determines that the signatories of the three accounts were joint defendants in a civil fraud lawsuit ten years earlier.
Which action must the money laundering control officer at the bank lake?

• A. Freeze the accounts until further investigation can be made
• B. Prepare a Suspicious Activity or Transaction Report (i.e. SAR or STR) and file it with the Financial intelligence Unit (FIU) in the jurisdiction where the bank conducts operations
• C. Contact the government investigators and report his suspicion that the accounts may be part of a fraud scheme
• D. Arrange individual meetings with the account holders and inquire about the transactions

A fraud analyst is concerned that the company's reloadable prepaid card program could be abused by terrorist financiers and wants to ensure the data supplied to the detection system is sufficient for assisting with investigations.
Which data element would be Ihe MOST difficult for the analyst to obtain?

• A. Transaction details including ATM location or merchant
• B. The name of the person who loaded the card with funds
• C. The network of the loading system
• D. The name of the cardholder