Archived Webinar

ACAMS Webinar: Crime Rings Have Grown to a Prevalent and Formidable Threat

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Originally Presented: November 6, 2015

“VERY impressive. Lots of great information by presenters with great skills. This presentation ranks as one of the best presentations I have attended in 2015!”
Brenda Buetow, Consultant – Crowe Horwath LLP

The numerous crimes which currently threaten financial institutions have evolved in concert with the trend of collusive activities by today’s savvy and sophisticated financial criminals. Whether it’s fraud rings that inflict various types of losses (e.g. loan fraud, card fraud, online account takeover, check fraud, tax fraud, etc.); financial exploitation by drug cartels; “funnel accounts” used by human trafficking and smuggling organizations; or “money mules” who are instrumental in money launderers’ attempts to evade detection – the days of the lone financial criminal have become less common. The current financial crime landscape has become the domain of group criminal activity and organized efforts.

Learning Objectives:

  • Gain an understanding of the anatomy of an example financial crime ring
  • Learn through several real-life cases how crime rings perpetrate numerous types of financial crimes
  • Best practices to extend a financial institution’s line of defense and strengthen its protective countermeasure against crime rings



Chris Swecker
Financial Crimes Consultant and Attorney
Assistant Director, FBI (retired)
former Global Security Director, Bank of America

Chris Swecker has more than 30 years of experience in law enforcement, national security, legal, and corporate security/risk management. Chris served 24 years with the Federal Bureau of Investigation (FBI) before retiring as one of the bureau’s top officials. As Assistant Director, Chris was responsible for eight FBI divisions encompassing more than half of the FBI’s total resources. He led all FBI criminal investigations including money laundering, organized crime/drug trafficking and financial crime matters; established and led several crime focused national task forces; and testified before Congress on numerous financial crime issues such as identity theft, crimes against children, mortgage fraud, human trafficking, financial crimes, information privacy and data compromise, crimes on the Internet, drug trafficking and gangs. Swecker received the prestigious Presidential Rank Award for his service in Iraq and as Special Agent in Charge of the NC Office. He has appeared as a guest on numerous media programs including CNN, 60 Minutes, Good Morning America, C-SPAN’s Washington Journal, and The Oprah Winfrey Show. Chris is a frequent public speaker on financial crimes, money laundering and cyber crimes.


Brendan Brothers
Co-founder, Verafin
Brendan Brothers is a co-founder of Verafin, a leading provider of cloud-based fraud detection and anti-money laundering software with more than 1300 financial institution customers across North America.

Brendan is a computer engineer with specialized knowledge and deep expertise in advanced analytics.

He is widely recognized as an anti-financial crime subject matter expert and is a frequent presenter at industry conferences and events. Brendan is also the principal presenter for Verafin’s thought leadership webinar series on emerging industry topics in the area of anti-money laundering and fraud detection.

Tagged as...

  •   314(b) Information Sharing
  •   Crime Rings
  •   Fraud
  •   Identity Theft
  •   Loan Fraud
  •   Money Laundering
  •   Terrorist Financing

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