More on My New Book on Money Laundering

Bank compliance officers are well aware of anti-money laundering (AML) “look-backs.”  A look-back might result after a period of lax compliance and repeated warnings by regulators triggered perhaps by evidence of suspicious transactions not reported or internal procedures not followed.  This type of reactive look-back is inherently negative.   A proactive look-back, on the other hand, is positive.  Undertaken in response to self-initiative, a look-back can identify issues that need to be corrected and recommend positive action.   That is exactly what my goal is for my new book, Money Laundering and Illicit Financial Flows: Following the Money and Value Trails. I have investigated and studied money laundering and related subjects for 30 years.  So this book is a roughly a 30 year proactive look-back on money laundering methodologies and our AML policies and actions.  The book is designed to be a candid proactive appraisal that will result in recommendations and steps forward.  I promise to tell it “like it is.”  I can't cover everything.  I'm selecting topics of particular concern.  Written primarily from an enforcement perspective, chapters include Sobering Statistics, Money Laundering Basics, Illicit Financial Flows,  Bulk Cash Smuggling, Trade Based Money Laundering, Alternative Remittance Systems, Real Estate, Illicit Tobacco, Misuse of the International Gold Trade, China - the Biggest Money Laundering Threat, Technology, Enablers, and More Forward Steps.   The book should be out in another ten days or so.  It will be available via Amazon in both soft cover and e-versions.   This is the first book on money laundering to be released in years.  It's a bit different. . . Please let me know if you like it!  Thanks!