Fraud Archives - Page 10 of 12

Career Guidance, Fraud, June – August 2017

From Law Enforcement to AML and Fraud Compliance

June 9, 2017April 26, 2024 /Leave a comment

Throughout my career, I have been blessed to be associated with many outstanding and dedicated professionals. My post-college work experience in the public and private sectors has now spanned the better part of 45 years. I served in the U.S. government for 31 years...

AFC Challenges, Europe, Fraud, June – August 2017

Combating Cyber Fraud in Correspondent Banking

June 9, 2017April 26, 2024 /Leave a comment

Cybercrime is a major concern for banks around the world. Until recently, the focus of attacks has tended to be on banks’ customers through card and account detail compromises. But as criminals have become more sophisticated, they have raised their ambitions, and in a change...

Fraud, In Focus

Binary Options, Fraud and Money Laundering

May 31, 2017April 26, 2024 /4 Comments

Binary options are a risky business and one that arguably does not lend itself to money laundering because of the risk of losing everything, unless of course the launderer owns and manipulates the process end to end (e.g., owning a roulette table, fixing the wheel...

Fraud, Interviews

Jodi Gissel: Fighting Fraud

April 18, 2017April 26, 2024 /Leave a comment

ACAMS Today interviewed Jodi Gissel, a graduate professor at Marquette University, to discuss the Justice for Fraud Victims Project and the impact students are making in the fight against financial crime. Jodi Gissel joined Marquette University in 2010 after earning her Ph.D. from the University...

AFC Challenges, Fraud, March - May 2017

Cyber Security: Fake News, Bots, Botnets and Click Fraud

March 6, 2017April 26, 2024 /Leave a comment

Fraud, In Focus

When the Religious Fall Prey to Fraud

January 31, 2017April 26, 2024 /Leave a comment

According to the Federal Trade Commission’s “FTC Fraud Survey,” there is an estimated 10.8 percent of adults (25.6 million people) in the U.S. who were victims of fraud.1 It is hard to fathom an individual handing over their life savings to someone based solely on...

AFC Challenges, December 2016 – February 2017, Fraud

More Than 30 Pieces of Silver: Is your house of worship vulnerable to fraud?

December 9, 2016April 26, 2024 /Leave a comment

Judas Iscariot, one of the original 12 apostles, was given the responsibility of keeping the funds for Jesus of Nazareth and His group of followers. Ultimately, Judas betrayed his master for 30 pieces of silver. The rationale for his actions? He no doubt did...

AFC Challenges, Fraud, March – May 2016

Romancing the Scams

March 7, 2016April 26, 2024 /Leave a comment

In the late 16th century, a clever new scam was developed that targeted British citizens. Victims of this scam were led to believe that a wealthy Englishman was being held prisoner in Spain and that if they assisted with his release they would receive a...

Compliance, Europe, Fraud, September - November 2015

The World Cup of Fraud

August 25, 2015April 26, 2024 /Leave a comment

The Fédération Internationale de Football Association, better known as FIFA, is the world governing body for international soccer (or “football,” as it is referred outside of the U.S.). Soccer is the most popular sport in the world and is frequently described as “the beautiful game.” Unfortunately,...

Europe, Fraud, In Focus

The Royal El Fraude

January 7, 2015April 26, 2024 /Leave a comment

The institution of the Spanish monarchy has been considered sacrosanct for centuries, even more so since the end of the four-decade-long Franco dictatorship in 1975 and the beginning of a parliamentary monarchy era in Spain. Those who have not had a chance to live under...

ACAMS Today

The Magazine for Career-Minded Professionals in the Anti-Financial Crime Field

SARs That Count: Words Matter

ACAMS Stars Lead the Way in 2024

AI Is Giving Job Seekers ‘Ghost Confidence’

The Status of Cannabis Banking in 2024

Balancing Costs and Strict Liability: A New Normal

SAR Optimization: Seeing the Forest Beyond the Trees

Fraud