A River of Illicit Funds:

The more controls that are implemented to prevent money laundering, the more creative criminals are becoming in outsmarting the authorities. It’s up to your firm to recognize the red flags of money laundering. Failing to do so greatly increases the risk of costly compliance problems and financial loss.

Join us for a complimentary webcast, A River of Illicit Funds, on Wednesday, February 10, 2010 at 11:00am EST/4:00pm GMTwith former federal agent, Robert Mazur as he offers a different perspective about the world of money laundering.

Topics to be discussed:

• The economics of money laundering – why it’s about supply and demand.
• What businesses carry greater money laundering risk?
• Identifying checks likely to be related to illicit funds.
• Money laundering through trade transactions – spotting illicit funds disguised as repatriated export revenue.
• Institutional money laundering techniques.
• Vicarious liability: How the acts of employees can be attributed to the whole firm.

Speaker:

Robert Mazur, President at Chase and Associates Inc., leads the company's initiatives in litigation support, financial investigations, anti-money laundering compliance and training. Mr. Mazur is a court-certified expert in the fields of money laundering and international drug trafficking. He’s a former federal agent that specialized in international money laundering investigations.

He is best known for his two-year undercover role as a money launderer in an investigation that resulted in the prosecutions of the Bank of Credit & Commerce International (BCCI), senior officers of BCCI, and high-ranking members of Colombian drug cartels. His undercover exploits are the subject of a recently released book, The Infiltrator, published by Little, Brown & Company.

Wednesday
February 10, 2010

11am EST / 4pm GMT

45 min