D1. Financial Crimes, Money Laundering & Fraud

U.S. law enforcement & regulatory agencies have changed such that money laundering is now treated as an independent and primary focus across all relevant agencies. Banks through the Anti Money Laundering Act and Bank Secrecy Act are required to work with U.S. law enforcement and regulatory agencies to identify, solve and prevent financial crimes. This course reviews the history of financial crime enforcement and how agencies and financial institutions work to combat financial crimes and terrorism. This is an overview of the extent, nature, causes, and control of financial crimes. It will examine the nature and extent of offenses committed by individuals, crime networks, corporations, professionals, and public officials. It will identify challenges and techniques to prevent, detect, investigate, regulate, and sanction financial crimes.

Paperback Readings:

The Panama Papers: Breaking the Story of How the Rich & Powerful Hide Their Money; F. Obermaier and B. Obermayer, April 11, 2017, Oneworld Publications, ISBN-10: 1786070707; ISBN-13: 978-1786070708

Instructor: Eddie Goodwin’s experience includes directing financial crime divisions as a Bank Secrecy Act Anti Money Laundering Officer at domestic banks and an international division of a world-wide bank. His experience includes money laundering cases and information sharing with U.S. law enforcement and regulatory agencies, and state and local law enforcement. He is a financial crime professional with extensive criminal justice experience in Bank Secrecy Act, Anti Money Laundering, fraud investigations, international and domestic crime case investigation, fraud detection and anti-money laundering forensic system analysis. He earned degrees at Northeastern University -MS Criminal Justice; Nichols College- MBA; and the College of the Holy Cross -BA.