About this course
Money-laundering operations are designed to take the proceeds of illegal activity, such as profits from fraud, and disguise the existence, source, or application of those funds so the proceeds appear to come from a legitimate source. In short, “dirty money” is made to appear clean. Once illegal money has been laundered, the perpetrator is able to spend or invest the illicit income in legitimate assets.This course explores the money laundering process, reviewing the methods used to launder funds, discussing laws and regulations used to combat money laundering and explaining techniques used to investigate it.
By completing this course, you will understand how to:
- identify the different stages of the money laundering process
- determine which anti-money laundering regulations are violated by particular schemes
- recognise traditional and contemporary methods of money laundering
- identify offshore havens, their functionality, and how money launderers use them
- compare techniques for investigating money laundering
- ascertain the best methods for tracing and discovering hidden assets.
Key information
- CPD certificate is available upon successful completion of the course.
- e-learning developed by Association of Certified Fraud Examiners.
