Introduction to Forensic Accounting

This unique course focuses on the financial interview process and how to locate an illicit money flow.  You will spend a great deal of class time completing exercises based on actual money laundering cases designed to provide you with the skills necessary to discern pertinent data and conduct financial investigations. 
You will learn how terrorists and organized crime groups raise funds in Western Europe and the United States via charities and illegal activities.  Money laundering and various investment instruments used by these criminals will be presented as we teach you forensic accounting techniques to locate the off-shore banking institutions and financial vehicles being used to transport illegal monies.  We will show you how to obtain banking and business records and provide you with a myriad of financial databases to use.  We will also discuss R.I.C.O. and asset forfeiture techniques.
You will spend at least twelve hours of class time completing four “hands-on” exercises.  These projects will progress in difficulty during the week and will require you to use receipts, ledgers, bank statements and other documents to prepare your cases. 
This course will be extremely valuable to law enforcement supervisors, investigators and support staff who are involved in any aspect of proactive money laundering and terrorist financial support investigations. 

Topics include:
•  Commonly used terms as they apply to money laundering and organized crime investigations
•  Various financial vehicles that are utilized to transport illicit monies
•  Methods used via the Internet by criminals to communicate
•  The three layers of money laundering
•  Terrorist money laundering schemes
•  Various investment instruments
•  Off-shore banking techniques
•  Locating off-shore banking institutions
•  The procedures for conducting a financial investigation
•  Various federal statutes (R.I.C.O., CCE, etc.)
•  The presentation of evidence for a R.I.C.O. indictment
•  The techniques used in the investigation of an individual
•  The techniques used in the investigation of a business
•  The use of confidential sources to obtain financial information
•  Analyzing business records to locate hidden funds
•  Collecting data and conducting a financial investigation

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