Be Careful of the Company You Keep & Deal With
DescriptionTCAE is thrilled to have Samantha J Sheen, a leader in the field of AML and Compliance, as the speaker for the upcoming knowledge series. This summer the United States brought a series of forfeiture proceedings in relation to assets wrongfully acquired with proceeds allegedly stolen from the Kuwaiti government. Boasting luxury apartments, yachts, sportscars a Vineyard twice the size of Disneyworld, the story of how $100m+ was stolen, laundered and then misused, is both fascinating and a cautionary tale for financial institutions of how they can be misused.
Target AudienceThose both new to and experienced AML prevention professionals, fraud investigators, AML Officers and those wanting to learn about the tactics used by illicit actors to enjoy the spoils of their illegal activity.
- Raise awareness about the inflow and outflow of funds in complex financial crime cases
- Learn how intra-bank accounts are misused by illicit actors
- Understand the latest tactics used by PEPs engaging in corruption and the third parties who assist them overseas
- Recognise the sophisticated tactics used by illicit actors to conceal their control of legal entities and arrangements