Mon, Sep 13 | Sandy Police Dept. Multipurpose Room

Narco Money Laundering

This class teaches the predominant methods of drug money laundering, breaking the schemes down into understandable components and teaches investigators the tools available for identification, interdiction, and enforcement actions against money laundering ** No Lodging or Per Diem Available**

Time & Location

Sep 13, 8:00 AM – Sep 14, 5:00 PM
Sandy Police Dept. Multipurpose Room, 10000 S. Centennial Pkwy Sandy, UT 84070

Class Description

The United Nations estimates that narcotics trafficking generates over $400 billion in profits each year worldwide. That money has to be cleaned to be useful to the narco-barons of Latin America. This class teaches the predominant methods of drug money laundering, breaking the schemes down into understandable components and teaches investigators the tools available for identification, interdiction, and enforcement actions against money laundering organizations from the local street-level dealer, to the drug lords in Mexico and Colombia. Overview of Topics: - Money Laundering Basics: Placement, Layering, and Integration - The Black Market Peso Exchange (BMPE) - Bulk Cash Smuggling and Unlicensed Money Transmitters - Interdiction Operations - Asset Forfeiture - Understanding the Criminal Money Laundering Statutes - Structuring and Smurfing - Hawala and Contra-Entrega - Chinese Underground Banking System (CUBS) - Venezuelan Bolivar Exchange - FinCEN (SARs, CTRs, 8300s, and CMIRs)

 

Rocky Mountain High Intensity Drug Trafficking Area
(303) 671-2180

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