Review the following records of activity in various accounts and identify any suspicious activity. Highlight the key information associated with the suspicious activity. For each action, identify why it is suspicious. Note that a single account activity may not be suspicious until paired with another activity.
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1-2
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ABC paid DEF $5,000 on February 5, using check #2394, written on Bank of America account 098765432. The memo line stated: “for product.”
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1-3
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ABC paid GHI $30,000 on November 12, using check #3651, written on Bank of America account 098765432. The memo line stated: “loan.”
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1-4
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ABC paid JKL $25,000 on August 30, in a wire transfer between Bank of America account 098765432 and the Royal Bank of Canada (a/c #123456789) for further credit to Cayman Island Bank, account 234567890, Cayman Islands.
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2-1
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DEF paid ABC $10,000 on January 3, using check #1792, written on Wells Fargo account 987654321. The memo line stated: “repay loan.”
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2-2
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DEF paid JKL $13,000 on October 1, in a wire transfer between Wells Fargo account 987654321 and the Royal Bank of Canada (a/c #123456789) for further credit to Cayman Island Bank, account 234567890, Cayman Islands.
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3-1
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JKL wired $20,000 on February 9, from Cayman Island Bank, account 234567890, Cayman Islands, to Royal Bank of Canada (a/c #123456789) for further credit to Bank of America account 098765432.
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4-1
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GHI deposited 10 U.S. postal money orders into Wells Fargo account 987654321 on November 13, each for $2,999, purchased on November 12 at various postal facilities in Boston, Massachusetts.
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