On October 8th & 9th in Abuja, Nigeria I will lecture about asset recovery & tracking assets. I will present 2 lectures to law enforcement agents who work in West Africa. The lectures are called “Whistleblowers, Secret Bank Accounts & Recovering Hidden Assets” & “Asset Recovery Case Studies & Discussion.” I am presenting the lectures during an asset recovery workshop held by The Inter Governmental Action Group Against Money Laundering In West Africa (GIABA).
I. Whistleblowers, Secret Bank Accounts & Recovering Hidden Assets
At this lecture I analyze how vast sums of money can be hidden in a wide variety of cases. I talk about cases as diverse as narcotrafficking; terrorist financing; public corruption; tax fraud; securities fraud; & divorce. I also discuss the tools for finding assets hidden offshore. During the lecture I emphasize how law enforcement agents can employ whistleblowers to try to detect hidden assets. I additionally cover:
- a money laundering typology;
- the 3 phases of money laundering;
- washing assets through multiple jurisdictions;
- misuse of shell companies to conceal assets;
- recognizing the red flags of hidden money;
- and best practices for an asset search or bank search.
II. Asset Recovery Case Studies & Discussion
At “Case Studies & Discussion” I go over how criminals hide their illicit assets offshore. I also talk about how law enforcement agents try to track illicit assets through: (1) mutual legal assistance treaty (“MLAT”) requests & (2) asset forfeiture laws.
III. My Coursebooks For The Lectures
To review the coursebooks I am giving to those attending my October 8th & 9th lectures, click on these images:
Copyright 2018 Fred L. Abrams