United Bank is concerned about the increasing media coverage of suspicions of corruption among its top management staff. The VP of finance was accused of embezzling ten million dollars, for which the maximum penalty is eight years in prison. The bank's attorneys advised management to offer him a plea bargain according to which he will admit to the crime, return the money plus compensation, and serve one year of community service. The VP of finance is reluctant to accept, pleading his innocence.If the VP of finance is found guilty of the charge and the judge gives him the maximum sentence, the VP of finance can be sentenced to a jail term of eight years.A. TrueB. Probably TrueC. Insufficient DataD. Probably FalseE. False

Weizhen Tang, recently sentenced to 6 years in prison for defrauding investors, which caused investors to lose millions of dollars, engaged in which form of crime?Question 24Select one:a.Street crimeb.Corporate crimec.Violent crimed.Institutional crime

In a federal prosecution, the government offered an accused defendant a plea bargain that included imprisonment for three years. Defense counsel told the accused that the prosecution was being deceptive because it had a weak case and would lose at trial. The defendant accepted that incorrect and ineffective advice of counsel and, after a fair trial, the accused was convicted and sentenced to eight years imprisonment.After all appeals were lost, the defendant filed for a writ of habeas corpus based on ineffective assistance of counsel. He established credibly that he would have accepted the guilty plea proposal if he had been counseled correctly by his attorney.Will the court likely grant relief to the defendant based on U.S. Supreme Court precedent?Yes, because plea bargaining occupies a central role in the criminal justice system, and the accused has a right to effective assistance of counsel during that process.Yes, because the denial of effective assistance during the plea bargaining stage is a violation of the Fifth Amendment to the U.S. Constitution.No, because there is no constitutional right that attaches to a defendant with respect to plea bargaining.No, because the defendant has no right to receive an offer of a plea bargain from the government during a prosecution.

Over a 2 year time span, Mr. B and Mr. G - both CFP professionals - failed to report relevant information to the Head Office of their investment firm. The Mutual Fund Dealers Association of Canada (MFDA) Hearing Panel imposed penalties and fines of $10,000 on each of Mr. B and Mr. G. On at least five occasions during this time span they received information that an investment advisor working at the branch overseen by them had borrowed monies from clients that had not been repaid. The advisor (not an FPC Certificant) pleaded guilty to one charge of fraud over $5,000 involving 22 victims who lost a combined $1,054,986 over a six-year period. Mr. G had an ownership interest in the branch office and was the Primary Branch Manager and a minority shareholder during the relevant time. Mr. B had an ownership interest in the branch office and was a co-Branch Manager or Alternate Branch Manager, the Managing Director of the branch and a majority shareholder during the relevant time. Neither Mr. B nor Mr. G reported the investigation, proceedings or decision by the MFDA to FPC, as required. Please search for cases like the above one and the legal charges against those crimes

A bank that has not received payment on a loan can try to get its money back by:A.contacting the police and requesting the borrower be jailed.B.taking out a larger loan in the borrower's name to cover the initial debt.C.hiring a collection agency to seize the money from the borrower.D.ordering the borrower to work for the bank without earning any money.

Which scenario(s) illustrate the loan-back technique of money laundering? A Fijian company provides a loan to an Australian company where both companies are secretly owned by the same Australian taxpayerA Fijian bank provides a loan to an Australian company which is secretly owned by a wealthy politician in AustraliaA Fijian company provides a loan to an Australian company which is secretly owned by a person who is on the United Nations Security Council sanctions listGroup of answer choicesAnswer III OnlyAnswers I and III OnlyAnswer II OnlyAnswer I Only