This course will examine the different techniques employed in the three stages of money laundering (placement, layering and integration), the macroeconomic impacts of money laundering, the legal framework, the latest law enforcement strategies, and techniques employed by terrorist groups to move funds and their sources of funds. Examples will be taken from organized criminal groups around the world, and many different terrorist groups (as designated by the U.S. OFAC). Investigation and risk scoring techniques will also be introduced.

Macroeconomics and Data Analysis strongly recommended.