Question

Which of the following is not covered under the Money Laundering Control Act?​ a. ​escrow companies b. ​travel agents c. ​boat dealers d. ​casinos e. All of the above are covered.

Answer 1

Answer:E. All of the above are covered.

Explanation: The money laundering control act is an act of Government aimed at Establishing a firm control on the way people handle and carry cash. This act will help curb financial Crimes.

The Money laundering control Act of the United States was passed by the year 1986 by the United States Congress,the Act contains 2 sections. This Act also covers companies and individuals who hid their profits and using for investment to be acting against the law,in the United States of America all the companies listed above are covered by the Act.