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PART 2 Research has shown that the relationship between eye contact and deception 21. In computing income under the net worth method, the following facts are found: Total assets $1,600,000 Total liabilities 825,000 Nondeductible expenses 120,000 Net worth at beginning of year 560,000 Adjusted gross income is: a. $170,000 b. 215,000 c. 290,000 d. 335,000 e. None of the above. 22. Which of the following is a step in locating offshore assets? a. determine if a subject traveled overseas b. locate the subject’s travel agency c. identify the means employed to move cash offshore d. all of the above e. none of the above 23. Which of the following are specialized bank accounts, in connection with wire transfer services, that invite misuse by sophisticated and professional money launderers? a. basic checking accounts b. threshold accounts c. cupo accounts d. b and c e. none of the above 24. The government can seize property under the following methods except? a. initiating a forfeiture procedure under the Federal Rules of Criminal Procedure b. beginning a summary or administrative procedure under federal customs law c. seizing the property if it is in the possession of a known felon d. none of the above 25. The most difficult aspect in the pursuit of hidden assets is a. asset recovery b. tracing c. securing cooperation of foreign governments d. b and c e. none of the above 26. One important initial goal in asset tracing for the professional is a. to establish a cooperative relationship with the foreign government involved b. to attach any assets hidden offshore c. to establish some paper trail that evidences communication, either initially or ongoing, with the holder of the assets d. a and b e. none of the above 27. One method of identifying the foreign holder of assets is a. by checking a person’s Rolodex and/or calendar b. by checking with U.S. Customs c. by checking passport stamps d. by examining travel documents and not necessarily just the passport e. none of the above 28. The proceeding in criminal forfeiture is a. against a person being charged with a crime (in personam) b. against an item of property being charged with a crime (in rem) c. neither in personam nor in rem d. such that no property is forfeited unless it is proved by a preponderance of the evidence that the property was involved in the crime 29. In civil forfeiture, once probable cause is established, the burden of proof a. shifts to the property owner to show beyond a reasonable doubt that the property is not related to the crime b. shifts to the property owner to show by a preponderance of the evidence that the property is not related to the crime c. belongs to the government to show beyond a reasonable doubt that the property is implicated in the crime d. belongs to the government by a preponderance of the evidence that the property is implicated in the crime e. none of the above 30. Which of the following statements is true? a. it matters whether the owner of property was involved in the crime for purposes of civil forfeiture b. the owner does not even have to be accused or even suspected of involvement in the criminal activity for his property to be forfeited c. it matters whether the owner of property was even aware that criminal activity was taking place d. even if the owner can prove the object’s innocence, the government still has a right to the property that relates back to the time of its illegal use e. none of the above 31. Fraudsters and other criminals place as much importance and invest as much time, money, and effort into the manner in which their property is laundered and then used as they do in the crimes that generate the property because: a. they must achieve a disconnect between themselves and the proceeds of their crime b. they must achieve a disconnect between the

21. In computing income under the net worth method, the following facts are

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