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madreJ [45]
2 years ago
9

Why does Staples participate in Anti-Money Laundering Compliance?

Business
1 answer:
Temka [501]2 years ago
4 0

The main reason why Staples participates in <em>Anti-Money Laundering Compliance </em>is to prevent illegal activity and terrorism

Based on the given question, we can see that money laundering is a federal offense which is punishable by law and is aimed at preventing money fraud whereby large sums of (illegal) money are <em>moved </em>from one place to another, usually to finance other illegal activities.

With this in mind, Staples which is a US Online Store which sells business essentials such as computers, printing services, etc engage in the <em>Anti-Money Laundering Compliance</em> so as to prevent illegal activity and terrorism

Therefore, the correct answer is option B

Read more about money laundering here:

brainly.com/question/2588568

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