Narco-Money Laundering - New York City - December 18, 2024

The United Nations estimates that narcotics trafficking generates over $400 billion in profits each year worldwide. That money has to be cleaned to be useful. This class teaches the predominant methods of drug money laundering, breaking the schemes down into understandable components and teaches investigators the tools available for identification, interdiction, and enforcement actions against money laundering organizations from the local street-level dealer, to the drug lords in Mexico and Colombia.

Overview of Topics:

• Identifying Money Laundering (Forget about the Bankers Boxes and Spreadsheets)
• Money Laundering Stings
• Structuring & Smurfing
• Bulk Cash Smuggling & Unlicensed Money Transmitters
• The Bank Secrecy Act & Transaction Reporting Requirements
• How to get FinCEN and Banks to do Your Work for You
• Building Cases Against Targets that don't even Know that they're Laundering Money

Host or Publisher J.P. Nixon