Jun ’16 – Aug ’16 Issue

Issue 15.3

Issue: Vol. 15 No. 3

Featured
Human Trafficking: Combating this Complex Crime

Human Trafficking: Combating this Complex Crime

Human trafficking is the exploitation of people for commercial sex or for labor; it is modern-day slavery. It plagues not only foreign countries but many communities in the U.S. To combat this heinous crime, it is essential…

Peter Warrack and Constable Lepa Jankovic: Raising Awareness about Human Trafficking

Peter Warrack and Constable Lepa Jankovic: Raising Awareness about Human Trafficking

ACAMS Today had the opportunity to speak with Peter J. Warrack, CAMS, CFE, from the Bank of Montreal (BMO) and with Constable Lepa Jankovic with the Hamilton-Niagara Financial Crime section about their fight…


From the Executive Vice President
Recognizing the Law Enforcement Community

Recognizing the Law Enforcement Community

One of the things I look forward to each year is the ACAMS Today edition that honors the law enforcement community. We are, of course, an international…

From the Editor
Does slavery still exist?

Does slavery still exist?

As part of this great association, I have had the opportunity to attend numerous conferences, training sessions, listened to experts and interviewed experts, and…


Inside this Edition
The Jurisprudence of the Right to Financial Privacy Act

The Jurisprudence of the Right to Financial Privacy Act

When 9/11 hit, the bosses of American law enforcement understood that financial records would be key to unraveling what happened and, more ominously, stopping any…


Banking Law Enforcement Undercover Operations

Banking Law Enforcement Undercover Operations

Undercover operations are an extremely valuable and productive law enforcement tool. They frequently result in high-profile criminal prosecutions. Undercover cases range from…


Facing the Challenge of Sanctions

Facing the Challenge of Sanctions

Readers will not need reminding that the obligation of firms to conduct effective due diligence is one that is constantly evolving, not to mention growing. Recent events have also…


The True Walking Dead

The True Walking Dead

This article is not meant to embarrass, put down, or offend persons suffering from addiction. It is a clear description of persons who use and abuse opiates and synthetic opioids…


Human Trafficking: Combating this Complex Crime

Human Trafficking: Combating this Complex Crime

Human trafficking is the exploitation of people for commercial sex or for labor; it is modern-day slavery. It plagues not only foreign countries but many communities in the U.S. To combat this…


Privacy Matters

Privacy Matters

Since the turn of the century, there has been an alarming global increase in the number and severity of internet-based data breaches perpetrated by hackers seeking to enrich…


How high do we build the BSA wall?

How high do we build the BSA wall?

After months of talking politics and following the campaign, there is still no doubt over the question of who our next president will be and what policies may come into play. One particular issue…


Putting Slavery Out of Business

Putting Slavery Out of Business

A surprisingly common misconception held by many is that slavery ended in the 19th century; however, it did not. At no time in human history are more men, women, boys and girls…


Dear BSA Officer

Dear BSA Officer

I hope this letter finds you and your team(s) well. A quick glance at news reports on legislative action as a result of the San Bernardino tragedy and enforcement actions related to…


Meyer Lansky: The Godfather of Money Laundering

Meyer Lansky: The Godfather of Money Laundering

In 2015, the heirs of reputed gangster, Meyer Lansky, announced their intent to seek compensation from the Cuban government for the nationalization of the Riviera hotel by Fidel Castro…


Risk Versus Reward—The Public Savings Bank Investigation

Risk Versus Reward—The Public Savings Bank Investigation

U.S. Immigration and Customs Enforcement (ICE) Homeland Security Investigations (HSI) is the largest investigative arm of the Department of Homeland Security. HSI special agents have…


Riches in Rags

Riches in Rags

A customer makes his way to the teller window and presents several thousands of dollars in cash that seem contrary to his disheveled appearance. His account balance has gone…


The Latest in Europe

The Latest in Europe

The month of May had many exciting events in Europe. The month started off with the launch of the ACAMS Nordics Chapter in Copenhagen on 11 May. Followed by this year’s 12th Annual…


David Szuchman: Never Let Your Guard Down

David Szuchman: Never Let Your Guard Down

ACAMS Today spoke with David Szuchman, executive assistant district attorney and chief of the Investigation Division of the New York County District Attorney’s office to discuss…


Peter Warrack and Constable Lepa Jankovic: Raising Awareness about Human Trafficking

Peter Warrack and Constable Lepa Jankovic: Raising Awareness about Human Trafficking

ACAMS Today had the opportunity to speak with Peter J. Warrack, CAMS, CFE, from the Bank of Montreal (BMO) and with Constable Lepa Jankovic with the Hamilton-Niagara…


Ray Kelly: A Distinguished Leader and Protector

Ray Kelly: A Distinguished Leader and Protector

ACAMS Today had the opportunity to visit with former New York Police Department (NYPD) Commissioner Ray W. Kelly to discuss his expansive career in public service, his insight on…


A Tribute to the Law Enforcement Community

A Tribute to the Law Enforcement Community

I usually write from the perspective of a subject-matter expert discussing various terrorist financing, money laundering or fraud issues. This article is much more personal. It is about love…


Congratulations to the 50th ACAMS Chapter—Greater Omaha!

Congratulations to the 50th ACAMS Chapter—Greater Omaha!

On April 27, 2016, the ACAMS Greater Omaha Chapter held its inaugural meeting, highlighting ACAMS’ continued drive toward the national expansion of ACAMS activities to meet the…


Isle Robayo: Membership Growth

Isle Robayo: Membership Growth

Ilse Robayo leads the sales support team at ACAMS that is responsible for generating critical reports and presentations to the global sales director and sales team. In addition, she is…


Martin A. Cunningham, CAMS—Jersey City, NY, USA

Martin A. Cunningham, CAMS—Jersey City, NY, USA

Martin A. Cunningham is the director of the Business Intelligence Unit for Deutsche Bank Americas. Prior to joining Deutsche Bank, he worked for Standard Chartered Bank where he founded…


Gregory Dellas, CAMS—Nicosia, Cyprus

Gregory Dellas, CAMS—Nicosia, Cyprus

Gregory Dellas currently leads the anti-money laundering (AML) risk management team within the International Banking Services Division of the Bank of Cyprus, in Nicosia, and acts as the…


Charlotte Lowe, CAMS—Dallas, TX, USA

Charlotte Lowe, CAMS—Dallas, TX, USA

Charlotte Lowe has more than 30 years of financial services experience and over 20 years of experience in developing and managing anti-money laundering (AML) programs. Her…


Sean McCrossan, CAMS-FCI—Fort Mill, SC, USA

Sean McCrossan, CAMS-FCI—Fort Mill, SC, USA

Sean McCrossan started his compliance career at Ally Bank where he investigated suspicious activity enterprise wide for Ally Bank’s Financial Crimes Intelligence Unit, conducted…


Nassos Paltayian, CAMS—Nicosia, Cyprus

Nassos Paltayian, CAMS—Nicosia, Cyprus

Nassos Paltayian is the head of compliance at Abacus Limited. He began his career in 2005 with PwC as an auditor in financial services. In 2008, he qualified as a chartered accountant with…


Brian W. Vitale, CAMS-Audit, NCCO—Notre Dame, IN, USA

Brian W. Vitale, CAMS-Audit, NCCO—Notre Dame, IN, USA

Brian Vitale earned his political science degree from North Central College in 1996 and an MBA from the University of Notre Dame in 2014. Following his undergraduate degree, Vitale…