ACAMS | LinkedIn (original) (raw)

Financial Services

Houston, TX 206,406 followers

A global community dedicated to ending financial crime.

About us

ACAMS is the largest international membership organization for Anti-Financial Crime professionals. We support individuals and organizations who are dedicated to ending financial crime through thought leadership, continuing professional education, and our best-in-class peer network.

Industry

Financial Services

Company size

51-200 employees

Headquarters

Houston, TX

Type

Privately Held

Founded

2001

Locations

Employees at ACAMS

Updates

The Federal Bureau of Investigation (FBI)’s Internet Crime Complaint Center (IC3) has issued an alert regarding fraud related to disaster relief and mass casualty events. The IC3 indicated in 2024, it received over 4,500 complaints reporting $96 million in losses to fraudulent disaster relief campaigns, fraudulent charities, and fraudulent crowdfunding. On the heels of the New Year’s Day terrorist attack in New Orleans and the ongoing wildfires in Los Angeles, IC3 is warning the public that “scammers…commit fraud by soliciting fake charitable donations to support victims or their families.” How do the scammers do it? ♦️ Scammers pose as disaster relief agencies to: collect personal information, conduct fraudulent charitable schemes, or commit fraud against existing disaster relief programs. ♦️ Scammers may impersonate official entities, influencers, or celebrities. ♦️ Scammers may request donations in fiat or cryptocurrency, either online or through in-person charity drives. How can you protect yourself? 👉 Before donating, confirm the identity and validity of the charity or organization. 👉 Do not send payments to individuals or organizations that you do not recognize. 👉 Recognize that scammers will use pressure or “act fast” tactics as part of the fraud. 👉 Do not use prepaid, gift, or debit cards as a form of payment. How to report a suspected scam: “If you believe you have been a victim of a financial internet scam or a fraudulent scheme related to the New Year's Day or other mass casualty events, please file a report with the FBI's IC3 at www.ic3.gov.” https://lnkd.in/eGiZ5zwS
Home Page - Internet Crime Complaint Center (IC3) ic3.gov
Thank you to our Taiwanese community for another successful event: the 16th Annual AML & Financial Crime Conference - Taiwan, held in partnership with the Taiwan Academy of Banking and Finance (TABF) 台灣金融研訓院. Last week, we were joined by industry leaders and experts in Taipei (and online!) to tackle the most pressing challenges in AML and financial crime prevention in Taiwan. Highlights from the day included: 👉 A powerful keynote address by Ariel Leinwand set the tone for the event, emphasizing the importance of innovation and resilience in financial crime prevention. 👉 Regulatory updates from LIU Hsin Yu shed light on FATF’s methodology changes and their implications for Taiwan, including upcoming AML law updates. 👉 Practical insights on export controls were shared, on how to mitigate risks amid increasingly regulated global trade landscapes. 👉 A call to rethink traditional methods for combating trade-based money laundering. 👉 Collaborative efforts between institutions and effective communication were emphasized as key to winning the battle against fraud and scams. 👉 A reminder of the necessity of public-private partnerships, and how trust and collaboration between all stakeholders are essential to strengthen AML and financial crime defenses. Thank you to everyone who attended, participated, and supported the event. We look forward to seeing at the next ACAMS event.
206,406 followers
6d Edited
Romance scams or also known as pig butchering scams are becoming increasingly widespread, with recent reports indicating that billions of dollars are lost annually to these scams worldwide. But it's 𝐧𝐨𝐭 𝐣𝐮𝐬𝐭 𝐭𝐡𝐞 𝐯𝐢𝐜𝐭𝐢𝐦𝐬 𝐰𝐡𝐨 𝐬𝐮𝐟𝐟𝐞𝐫. Many scammers themselves are victims of human trafficking. They are forced into labor camps and compelled to carry out these scams. “According to the UNODC, over 120,000 people in Cambodia and 100,000 people in Myanmar have been trafficked to do this dirty business,” ~ Erin West, Founder of Operation Shamrock. In a previous ACAMS Live episode, Erin West and Craig Timm explored the complexities of romance scams. In this clip Erin highlights the two sets of victims in these scams and emphasizes that 𝐝𝐢𝐬𝐫𝐮𝐩𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐨𝐫𝐠𝐚𝐧𝐢𝐳𝐞𝐝 𝐜𝐫𝐢𝐦𝐞 𝐧𝐞𝐭𝐰𝐨𝐫𝐤𝐬 𝐛𝐞𝐡𝐢𝐧𝐝 𝐭𝐡𝐞𝐬𝐞 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬 𝐢𝐬 𝐜𝐫𝐮𝐜𝐢𝐚𝐥 𝐭𝐨 𝐞𝐫𝐚𝐝𝐢𝐜𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐭𝐞𝐫𝐫𝐢𝐛𝐥𝐞 𝐜𝐫𝐢𝐦𝐞. Watch the full interview here 👉 https://bit.ly/3WhBEFI #OperationShamrock #humantraffickingawareness #romancescams #pigbutchering
ACAMS Live: Tackling Global Money Laundering Syndicate - ‘Pig Butchering’ with Erin West

https://www.youtube.com/

In a sign that the top of the US Government increasingly considers fraud an existential threat to the United States, The White House has published a blog laying out its view on cyber-enabled fraud. Representing the Office of the National Cyber Director, The White House, the author outlines the scale and extent of the issue. The blog states that the US Government Accountability Office estimates that fraud costs the Federal government 223billionto223 billion to 223billionto521 billion per year – something no single company, industry, government agency, or country, can solve alone. The Director stipulates that protecting Americans from cyber-enabled fraud requires a whole-of-nation effort. He also announces that he has discussed this issue with domestic and international partners, including the United Kingdom – widely recognized as a leader in this field. It will be fascinating to watch what initiatives and priorities emerge from these high level concerns. We recently published a Whitepaper detailing the rise of cyber-enabled fraud and its intersection with illicit finance and national security. You can access this and other fraud resources on our fraud hub. Links to resources in the comments. #fraud #cybercrime #nationalsecurity #organizedcrime
We Must Protect Americans Against Cyber-Enabled Fraud | ONCD | The White House whitehouse.gov
Don’t panic if you can’t find your name on our graduate list of certified professionals. You still have a chance to get your credentials back on track. If your credential recently expired, you still have a chance to recertify by March 31, 2025. Get started – our recertification page and easy-to-follow guide will walk you through every step. https://bit.ly/4i4wRjA
Neither Rain, Nor Snow: Fighting Financial Crime Threats to the US Postal Service, with Michael Bruno In this episode of “Financial Crime Matters,” Kieran Beer talks with the U.S. Postal Inspection Service’s Michael Bruno, who is anti-money laundering program manager at the service’s national headquarters. Mike details some of the Inspection Service’s efforts to tackle the theft of bank checks that are “washed” to fraudulently change the payees and amounts and that are all too often stolen during violent attacks on mail carriers. Crediting the Financial Crime Enforcement Network (FinCEN), the Inspection Service’s law enforcement partners and a massive education effort, Mike shares how in roads have been made against check washing. He also discusses how the service is fighting money laundering and other types of fraud connected to the abuse of Postal Service money orders. https://bit.ly/3C3HeE0
Neither Rain, Nor Snow: Fighting Financial Crime Threats to the US Postal Service, with Michael Bruno
Financial crime is evolving. Discover how a structured AFC Academy training approach can help your business teams tackle the financial crime challenges of 2025. Download our free eBook now: https://bit.ly/40myFxk

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ACAMS | LinkedIn (original) (raw)

Financial Services

Houston, TX 206,406 followers

A global community dedicated to ending financial crime.

About us

Locations

Employees at ACAMS

Updates

https://www.youtube.com/

Join now to see what you are missing

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