Narco-Money Laundering – Rockland County, New York – March 2024

The United Nations estimates that narcotics trafficking generates over $400 billion in profits each year worldwide. That money has to be cleaned to be useful. This class teaches the predominant methods of drug money laundering, breaking the schemes down into understandable components and teaches investigators the tools available for identification, interdiction, and enforcement actions against money laundering organizations from the local street-level dealer, to the drug lords in Mexico and Colombia.

Overview of Topics:

• Identifying street-level laundering
• Detecting the professional launderers
• How to get off the ground (FinCEN and investigative databases)
• Interdiction operations in the world of narco-finance
• Schemes and typologies employed to clean assets and move cash
• Bulk cash smuggling and unlicensed money transmitters
• Structuring and smurfing