AML Basics

If you are new to the AML area, you should start here…

August 22, 2017 Welcome to the Oregon FBI’s Tech Tuesday segment. This week, building a digital defense against cyber shoplifters.  What is a cyber shoplifter? This scam, also called a “reshipping” scam, involves fraudsters who use stolen credit cards to buy items—usually expensive items—online. Instead of having the items shipped...
September 11 2017 It is very comforting that global concern over Money Laundering and Terrorism Financing (ML/TF) reverberated the other day in Valencia, Spain, where the Managing Director of the International Monetary Fund (IMF), Christine Lagarde, used the occasion of the plenary meeting of the Financial Action Task Force (FATF)...
September 2 2017 Mauricio Vargas is no stranger to drug deals or dirty money. His arrest in late August after police detectives said they found over half a million dollars in drug cash inside his Jeep was not his first run-in with the law. According to the Miami Herald, Vargas...
September 7 2017 On Friday, the Mexican national team qualified for the World Cup in Russia. However, Rafael Márquez, captain of the team and idol of the Mexican fans, does not play football at the moment. The 38-year-old instead tries to free himself from the allegations that he has washed...
January 3 2018 In the past two years, public interest surrounding cyber-enabled financial crimes has steadily increased. The public curiosity surrounding these alluring, intricate schemes runs parallel to federal authorities’ heightened interest. The SEC’s formation of a unit dedicated entirely to fighting cyber-enabled financial crimes illustrates the agency’s intent to...
March 13 2018 The IRS recently warned about a new scam in which a fraudster steals client data from a tax preparer, files a return, and then has the money deposited in the legitimate taxpayer’s real bank account. The fraudster then calls the taxpayer saying the refund was deposited in...