by Kevin Sullivan, CAMS, CCI | Jan 14, 2011 | News
Bribe Backfires on S.A.R. Reporter, and everyone in the AML field should know this – the SAR is confidential. That is certainly nothing new. Sometimes mistakes are made, people goof up, we’re all human, so be it. However, a particular bank employee for Chase...
by Kevin Sullivan, CAMS, CCI | Dec 10, 2010 | News
Tom DeLay Found Guilty of Money Laundering. Former House Majority Leader Tom DeLay, whose nickname was “The Hammer,” for his imperious style in the U.S. Congress, was recently found guilty of money laundering and conspiracy to commit money laundering. Congressman Tom...
by Kevin Sullivan, CAMS, CCI | Nov 10, 2010 | Anti-Money Laundering Program, Interview, News
When a bank like HSBC gets called on the carpet the dramatic economic effects shows up in several ways. I was interviewed about what this means, exactly, not just for the bank, but for the bank’s customers. Here’s a peek, “Any good AML (anti-money laundering)...
by Kevin Sullivan, CAMS, CCI | Nov 10, 2010 | Anti-Money Laundering Program, Interview, News
Creative money laundering trends show up in new forms all the time, from activities as innocent as the purchase of goods to the latest digital advances in technology. Don’t allow yourself to become an unwitting accomplice for money laundering – Kevin has been...
by Kevin Sullivan, CAMS, CCI | Oct 12, 2010 | News
For a second time in 2010, the Vatican finds itself under the magnifying glass as it again is the subject of a money laundering probe. The current investigation stems from two suspicious EFTs, one for $26 million and the other for $4 million (USD) that did not have...
