INTERMEDIATE: MONEY LAUNDERING - TRACING ILLICIT FUNDS

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Criminals often conceal ill-gotten gains from their victims and the authorities. The more crafty the fraudster, the tougher your job becomes to track down these assets. Money Laundering: Tracing Illicit Funds contains essential information to help you locate illicit funds. The most common asset-hiding techniques will be discussed, as well as how to use analysis to identify unknown sources of income, money laundering and offshore banking.

Money laundering is the process by which the origins of funds from illegal enterprises are concealed through a variety of methods including offshore havens, legitimate businesses and other methods. It has an economic impact on most businesses and government entities. Money laundering is a common element in many fraud, corruption and terrorist financing cases. In this course, you will learn how international laws and regulations apply to your business and how to incorporate an anti-money laundering process that is right for your company.

FEES
ACFE Members: $695
Non-Members: $845
Register early to SAVE an additional $95!

CPE CREDIT
16

COURSE LEVEL
Intermediate

PREREQUISITE
None

WHO SHOULD ATTEND

• Certified Fraud Examiners and other anti-fraud specialists
• Special investigation unit personnel
• Loss prevention and security professionals
• Criminal investigators from local, state and federal agencies
• Detectives and private investigators
• Internal and independent auditors
• Lawyers, prosecutors and other bankruptcy professionals

WHAT YOU WILL LEARN

• Common locations for cash hoards
• Investment of ill-gotten gains
• Mechanisms of laundering cash and currency instruments
• How to detect offshore accounts and corporations
• How to develop the business and personal profile
• Introduction to money laundering and the three stages common to it
• How to detect the red flags of money laundering
• Common channels used to launder funds
• How to implement regulations based on the needs of your specific industry and customers
• How to identify risk factors and apply policies consistently across your company