Exam CAMS7 Topic 1 Question 299 Discussion
Actual exam question for ACAMS's CAMS7 exam
Question #: 299
Topic #: 1
Question #: 299
Topic #: 1
Which financial crime risks are inherent to e-commerce platforms? (Select Four.)
Suggested Answer: A,B,C,D Vote an answer
* A, B, C, D are all identified by CAMS 6th Edition and FATF as primary financial crime risks for e- commerce platforms:
* A: Platforms can be exploited to launder money by processing the movement of criminal proceeds under the guise of legitimate sales.
* B: Use of stolen credit/debit cards for online purchases is a common fraud and ML technique.
* C: Fraud schemes (such as chargebacks or fake listings) are widespread on e-commerce platforms.
* D: E-commerce platforms can serve as fronts for illicit goods or services, masking the true nature of transactions.
* E and F are not commonly cited as principal inherent risks in AML/CTF guidance.
References:
CAMS 6th Edition, E-commerce ML/TF Risks
FATF, "Money Laundering Risks Arising from E-commerce Activities"
* A: Platforms can be exploited to launder money by processing the movement of criminal proceeds under the guise of legitimate sales.
* B: Use of stolen credit/debit cards for online purchases is a common fraud and ML technique.
* C: Fraud schemes (such as chargebacks or fake listings) are widespread on e-commerce platforms.
* D: E-commerce platforms can serve as fronts for illicit goods or services, masking the true nature of transactions.
* E and F are not commonly cited as principal inherent risks in AML/CTF guidance.
References:
CAMS 6th Edition, E-commerce ML/TF Risks
FATF, "Money Laundering Risks Arising from E-commerce Activities"
by Martina at Mar 03, 2026, 11:36 PM
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