Edward Ellis

The Art of Money Laundering: How to Fight the Perfect Crime

By Edward Ellis | December 26, 2018

Certain works of art are priceless. Literally. They do not have a market-determined value. The cost is whatever an art collector is willing to pay. Price flexibility in the art world is just one of the many advantages for a certain subset of the criminals — money launderers. Other advantages include portability, lack of a paper trail, anonymity, and no regulations. Artwork is lightweight compared to other valuables, like gold and cash. Artwork is bought…

Read More

AML best practices that will help you sleep better at night

By Edward Ellis | December 6, 2018

Since the horrific attacks of 9/11, and the congressional response of the USA PATRIOT Act, financial institutions have been occupied with the increasing focus on anti-money laundering (AML) compliance. This is, of course, not surprising.  The money laundering problem has grown to an estimated size of $2 trillion in ill-gotten funds. The financial sector has certainly embraced their role in preventing and detecting this vast array of crimes but the challenges of resources, training, and…

Read More

Categories

Twitter Feed

AML RightSource is excited to have Chuck Taylor, CAMS, JD, join the company as Executive VP, Head of Financial Crimes Advisory. Chuck brings over 20 years of experience with a proven track record in regulatory compliance, risk analysis, and training. prweb.com/releases/a… pic.twitter.com/7YIx…

Yesterday from AML RightSource's Twitter via Twitter Web Client