Be A Law Firm, Not A Laundromat
You get a call from an old friend that needs help. His brother-in-law works for the government in Thailand and he wants your help – he needs to wire transfer $6.5 million out of the country TOMORROW to set up a series of LLCs and then buy luxury condos in Miami Beach. Good idea to represent this client?
Drugs, Dirty Money and Globalization
The drug trade and globalization has led to more dirty money flowing into the U.S. and lawyers unwittingly taking part in money laundering.
Anti-Money Laundering Rules for Attorneys
Timothy Dunfey will teach you the risks & red flags of money laundering for attorneys and how to protect yourself, your clients and your law firm from being used as a laundromat. In this CLE he will: discuss the lawyer’s role as gatekeepers, explore relevant federal regulation, show you how to measure geographic risk and detail the guidance to attorneys from the ABA. To access the course please click here: Be A Law Firm, Not A Laundromat: Anti-Money Laundering Basics for Attorneys.
Additional Anti-Money Laundering CLE Topics:
* How to protect your trust accounts
* Placement, Layering and Integration
* The 1MDB case
*Currency Transaction Reports (CTR)
* Suspicious Activity Reports (SAR’s)
* The USA Patriot Act 2001
* The Anti-Money Laundering Act of 2020
* The Office of Foreign Asset Control (OFAC)
* Geographic Targeting Orders (GTO)
* Real estate
* Title companies
* Knowing your client
* Beneficial Ownership
* Client Due Diligence
* The danger of cash businesses
Timothy Dunfey, Esq., CFE, CAMS
Timothy Dunfey, Esq., CFE, CAMS, is a consulting expert who has 16 years of experience in financial services operations and compliance. Mr. Dunfey is a highly seasoned professional experienced in all facets of AML and OFAC processes, regulatory communications, investigations, and risk management.
This CLE course is offered in the following states:
* Alaska (AK)
* Alabama (AL)
* Arizona (AZ)
* California (CA)
* Connecticut (CT)
* District of Columbia (DC)
* Illinois (IL)
* Maryland (MD)
* Massachusetts (MA)
* Michigan (MI)
* Missouri (MO)
* New Hampshire (NH)
* New Jersey (NJ)
* New York (NY)
* North Dakota (ND)
* Pennsylvania (PA)
* South Dakota (SD)
* Vermont (VT)
California CLE
Attorney Credits offers CLE for attorneys in California and around the country. For more information about CLE in California please click the following link: CA CLE.