Opening an investment account for someone on the SDN list could implicate which crime?

• A. Tax evasion
• B. Money laundering
• C. Counterfeiting
• D. Embezzlement

Answer: (B)

The key idea here is the risk of facilitating illicit financial activity through sanctions exposure. An SDN designation means the person is blocked from accessing the U.S. or partner financial systems due to involvement in wrongdoing. Opening an investment account for such an individual creates a channel to move and potentially conceal funds through the financial system, which is the essence of money laundering—making illegally obtained money appear legitimate by processing it through financial services. The other crimes listed involve different illegal acts (tax manipulation, producing counterfeit money, or stealing funds from a employer or client) and aren’t as directly connected to the act of providing access to a financial account for a sanctioned person.