Question

Sven makes several cash deposits into account, all of which are below the minimum amounts that trigger his institution's reporting requirements. This technique is known as _____.

1. integration
2. camouflage
3. structuring
4. concealment

Answer 1

This technique is known as **3. structuring**. Structuring, also known as smurfing, involves breaking down large amounts of cash into smaller deposits to avoid detection and reporting requirements.