Fortifying Compliance Strategies to Fight Human Trafficking
Moderator: John J. Byrne | Speakers: Erin Clemens, Phil DeLuca, and Joseph Mari
About this talk
The International Labour Organization estimates there are 21 million people being held in various forms of slavery around the world, generating $150 billion every year in criminal profits. Migrant smuggling, sex trafficking and forced labor are scourges affecting all regions of the world, and with their illicit earnings being laundered through the global financial system it is incumbent on compliance programs to be vigilant in spotting and blocking criminal proceeds. This engaging panel examines this pervasive global issue to identify common typologies that indicate potential trafficking, detail best practices for investigating red flags, and develop strategies for partnering with law enforcement to bring perpetrators to justice.
•Establishing institutional risk models that incorporate organized crime typologies
•Examining funnel accounts and other common criminal behaviors to sharpen detection of human trafficking operations
•Partnering with law enforcement to leverage investigative resources and facilitate comprehensive investigations