This course provides basic to intermediate knowledge of the money laundering process and the commingling of funds, as well as an understanding of the ingenuity criminals use to move and hide funds while concealing their identity. The course instruction will use examples of real-life cases to provide an interactive session for students. Students will learn to:
- Define placement, layering, and integration.
- Explain why structuring is a common element of many money laundering schemes.
- List at least four common typologies of money laundering.
- Define commingling and how it relates to money laundering.
- List four methods for disentangling commingled funds.