This session will focus on white-collar crime, cyberfraud and how money laundering is used to hide the illegally gotten gains. It will begin with a primer of money laundering, AML laws, methods and the assessment of high-risk locales. You will also explore the details of several fraud cases, including the various ways money was laundered in each one.

You Will Learn How To:

• Determine what money laundering is and how it works, including KYC and CDD requirements for banks and money-service businesses
• Identify AML laws and how fraudsters can be prosecuted
• Ascertain how to perform a risk assessment of countries that have lax AML laws and could be targets for dirty money
• Recognize how money laundering is used in fraud cases