Red Flags for Money Laundering
Alert! Is the possibility of money laundering top of mind? Do you know the red flags for the (sadly) abundant variety of related frauds? Don’t allow your financial institution to be used as a way to disguise and move money. This pragmatic program will highlight the crooks and crimes you can thwart – and provide necessary BSA training.
WEBINAR HIGHLIGHTS:
- Basics of money laundering
- COVID scams and recurring themes
- Trade-based money laundering and funnel accounts
- Money mules and unemployment insurance fraud
- Identity theft in a digital world
- Red flags for human smuggling and human trafficking
- Identifying red flags for elder fraud and abuse
- Cybercrimes and business email compromise (BEC) and email account compromise (EAC) schemes
- PPP loan fraud
- BSA referrals
- Understanding the suspicious activity report
WEBINAR DETAILS
Your staff is the eyes and ears on the ground to protect your institution from being used by money laundering operations. Various criminal enterprises are using financial institutions to disguise and move money. Don’t let the criminals use yours! Train your staff with this important BSA training tool and use it as part of your annual training program.
WHO SHOULD ATTEND?
This informative session is designed for BSA officers, BSA investigators, SAR reporting staff, compliance personnel, security staff, and trainers.
