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2. Hank brings several thousand dollars in cash to a small bank and exchanges it for cashier's checks. If this transaction is part of a
2. Hank brings several thousand dollars in cash to a small bank and exchanges it for cashier's checks. If this transaction is part of a money laundering scheme, it represents which stage in the process? (Search Chapter 1) oa, the placement stage b. the layering stage oc. the integration stage od. the validation stage 3. When the money laundering process is complete, what has usually happened to the value of the laundered money? (Search Chapter 1). o a. It is much greater than the value of the original sum. ob. It is somewhat greater than the value of the original sum. oc. It is equal to the value of the original sum. od. It is less than the value of the original sum
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