News Special Reports

Money Laundering: Fundamentals, Trends, and How It Affects You

On Friday (12/4), I delivered a presentation to over 100 lawyers during an all-day seminar they were attending for their continuing education requirements. My segment ran about 30 minutes. The rest of this blog is a reprint of my comments. My profile on LinkedIn (Paul Freeman, CPA, CAMS) has the PowerPoint presentation that accompanied it, […]

ML Terms and Concepts News

Money Laundering 101: Willful Blindness

Welcome to topical post 2: “Willful Blindness.” Last time, we learned that an integral component of the definition of money laundering is the “knowledge” that the money is of illicit origin. However, in the United States (and other jurisdictions around the world), the concept of willful blindness now can be employed by law enforcement. For […]