Suppose you need to prove a suspect’s illicit income circumstantially. Which of the following methods of tracing assets would yield the best result when the suspect is using his illicit funds to accumulate wealth and acquire assets, thus causing his net worth to increase?

A. The income correlation method
B. The bank deposits method
C. The expenditures method
D. The asset method

Question

21-04-2020
Business

contestada

Suppose you need to prove a suspect’s illicit income circumstantially. Which of the following methods of tracing assets would yield the best result when the suspect is using his illicit funds to accumulate wealth and acquire assets, thus causing his net worth to increase?

A. The income correlation method
B. The bank deposits method
C. The expenditures method
D. The asset method

Respuesta :

Otras preguntas

Could someone please tell me how to do elimination and substitution method. Please show examples and fully explain how you did it. Thank you :)

Which question is not a helpful one to ask yourself when preparing for peer pressure?A. Are there any friends who can help me stick to my decision?B. How can I

what is 360 in the ratio 1:8?

__________ were primarily constructed for profit.

-6x+9=33 ???? What is the value of x ?

Describe the impact the 9/11 attacks had on America's national security?

Two welders working together can complete a job in 6 h. One of the welders, working alone, can complete the task in 15 h. How long would it take the second weld

How do you work this out?

A ski jumper competing for an Olympic gold-medal wants to jump a horizontal distance of 135 m the take off point of the ski jump is that a height of 25 m with w

Solve S=2πrh+πr2 for h

eooyibo123 eooyibo123 · Answer 1 · 2020-04-24T04:01:57+02:00

Answer:

The asset method

Explanation:

Illicit funds are defined as monies and capital that moves illegally accross different countries. The funds are illegally earned and transferred.

When a suspect is using illicit funds to acquire wealth and assets a way to trace this will be to use the asset method.

The asset method involves valuation of assets at market value. When the value of an individual's assets is far above his income we can conclude he is involved in illicit financing.