Meeting/Event Information

 Directions

May 18, 2021

ACFE AZ Chapter Monthly Training - May 2021
May 18, 2021
12:00 PM - 1:00 PM
Zoom Webinar


https://zoom.us/
Counterfeit Goods (including COVID risks)

$0.00 Member

$20.00 Guest

Please join us for our meeting on May 18, 2021 from 12:00 – 1:00 pm

Topic: Counterfeit Goods (including COVID risks)

Speaker: Michael Schidlow

Agenda: Presentation from 12:00 – 1:00 pm

Location: Zoom Presentation

Parking: N/A

Cost: Free for current chapter members; $20 all others.

Registration Information: Please register for the webinar no later than 5:00 p.m. on Sunday, May 16th. Link to Zoom webinar will be emailed prior to the meeting. Please ensure you have a Zoom account in order to attend this meeting. Please login 10-15 minutes prior to the meeting to give yourself enough time.

Complaint Resolution: Please contact [email protected]

Program Description

The sale of counterfeit goods may be thought of as a relatively harmless crime, when in reality production, sale, and distribution of counterfeit goods represents money laundering, corruption, fraud, human trafficking, sanctions evasion, and terrorist finance. Much like the sale of illegal narcotics, the production, distribution, and sale of counterfeit goods can yield hundreds of billions of dollars every year. As a result, transnational and localized organized crime groups are involved at every step of the operation. This activity has been made all the worse by the pandemic with organized crime groups running schemes to sell counterfeit pharmaceuticals, PPE, and even fake vaccines.

This session will highlight the risks involved with the sale of counterfeit goods, as well as the illicit actors involved, and how these goods make their way into the stream of commerce. This session will explain the nexus between organized criminal activity and the sale of counterfeit goods, while drawing sharp correlations to traditional anti-money laundering controls. Attendees will learn the risk indicators of the sale of counterfeit goods, as well as how to use open source databases to enhance due diligence searches for potential vendors linked to the sale of counterfeit goods. The session will provide recommendations on how to leverage analytics and gap analysis to further detect potentially high risk customers, products, and transactions.

Learning Objectives

After completing this course, you will be able to:

  • Identify the risks related to the production, sale, and distribution of counterfeit goods.
  • Determine methodologies for investigating potential counterfeit goods vendors.
  • Recognize resources to leverage for due diligence to better identify potentially illicit actors.

Program Information

  • Delivery Method: Group Internet Based
  • Recommended Field of Study: Specialized Knowledge
  • Recommended CPE Credits: 1
    • CPE Certificates will be emailed within 10 business days to those who attend the entire program and sign in on the attendance sheet.
  • Level: Basic
  • Prerequisites: None
  • Advance Preparation: None

Presenter Information

Michael Schidlow is a financial crime compliance advisory and training consultant with over 15 years of experience in the anti-money laundering, anti-bribery and corruption, and fraud practice areas. Schidlow has held leadership roles with Bank of America and HSBC, and currently specializes in governance, policy, procedure, and training for consent order remediation. Schidlow holds the Certified Fraud Examiner (CFE) and Certified AML Audit Specialist (CAMS-Audit) accreditations, is a licensed attorney, and serves as a professor of criminal justice and ethics    

 

Future Meetings

May 18, 2021

ACFE AZ Chapter Monthly Training - May 2021

May 18, 2021
12:00 PM - 1:00 PM

Zoom Webinar


https://zoom.us/

Counterfeit Goods (including COVID risks)