(True and False)
1. Before financial institutions can sell or disclose confidential customer information, they must provide customers with the opportunity to “opt out” from information sharing.

2. Federal agencies provide better records than state or county agencies for conversion investigations.

3. When people convert stolen cash by entering into financial transactions, such as buying assets, they usually leave tracks that investigators can follow.

4. Private financial institutions can usually sell confidential customer information.

5. The net worth method cannot help in determining the extent of stolen funds.

6. An increase in a person’s net worth plus living expenses equals the person’s total income.