Money laundering was coined as a phrase back in the mafia’s heyday, when Dons funneled dirty money through laundromats to make it look legitimate. It has only continued to grow since the days of cash-only businesses. Now, it’s a global enterprise and one that might make up as much as 5% of the GDP. If…
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Image Source | Flickr user ciocci It’s the call anyone in the financial industry hates to get. The phone rings and your compliance director tells you that you may have an FCPA violation. If there’s a chance that your internal procedures have failed, and you have an exposure, you’ll want to complete an internal investigation.…
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Image Source | Flickr user Alex Proimos Not long ago I read a story about two funeral workers who wanted to make some quick cash and thought insurance fraud was the way to do it. They invented a relative, created all the identity documentation, bought an insurance policy, and staged a funeral for her. The…
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Image Source | Flickr user asenat29 I once had a colleague who had just returned to the United States after working in Costa Rica for five years. He was an excellent employee except for one issue in particular. He was never on time for anything. If work started at 8:00, he showed up at 8:30.…
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Image Source | Flickr user telmo32 The US offers an array of sights and activities for tourists from around the world. While lucrative, tourism can also be a double-edged sword. When a foreign national comes here to enjoy the sights, they must apply for a tourist visa. However, some tourist visas are obtained by people…
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Image Source | Flickr user Quentin THEURET If you don’t know what you’re looking for, then the best investigation in the world isn’t going to help you. While we often tout the benefits of doing extreme vetting investigations, we don’t always think about the details of what makes these investigations so effective: the questions. President…
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Image Source | Flickr user Moodycamera Photography Even though Trump’s administration has promised to deregulate many provisions of the FCPA, those provisions are still in place at this time, so FCPA compliance must remain a top priority for firms. However, as a wise business owner, you’re probably wondering how much is too much when it…
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Image source | Flickr user Celso Flores The refugee crisis and Trump’s controversial executive order on it could be more easily resolved with one thing we just don’t have enough of—time. President Trump initially issued the order as a means of giving those who investigate immigration more time to better manage the process, as well…
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Image Source | Flickr user Kevin Dooley It feels like it’s impossible to hide anything these days. Just the other day, a friend of mine looked himself up on Google and was horrified to see that just about everything about him was out there, from his high school basketball photos all the way to his…
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Image Source | Flickr user Sebastien Wiertz President Trump’s recent executive order on immigration drew significant criticism from those who feel it’s too broad—specifically in the case of a 90-day suspension of immigration from countries which are deemed “high risk.” This is not designed to permanently prevent entry into the United States. Instead, it’s designed…
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