Casinos and Compliance: Criminal and Enforcement Trends
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When: Wednesday, May 17th
1:00 - 2:00 PM ET
Where: Online, via WebEx

Online registration is closed.
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1 – 2 PM

Complimentary for ACFCS members, non-members $25

Presented by: Paul Camacho, Vice President of Anti-Money Laundering Compliance for Station Casinos, former IRS CI Special Agent

Even with groups like the Financial Action Task Force lauding the U.S. casino sector’s improving financial crime countermeasures, criminals are still actively and creatively trying to exploit emerging and persisting vulnerabilities in the sector.

And after a major storm of enforcement actions in 2015, hitting records in some cases for the household names in penalty documents and size of fines, 2016 continued the trend of aggressive casino enforcement.

In the last two years, FinCEN and other agencies have handed down penalties against the Sands, Taj Mahal and the largest fine to date, $75 million against the diminutive Tinian Dynasty, among others.

In this webinar, a leading expert in casino compliance examines the trends and techniques that financial criminals are exploiting, and provides guidance on compliance controls that casinos can use to step up their game amid ongoing regulatory pressure.

Attendees will learn:

· Current criminal tactics trying to exploit emerging and historic vulnerabilities.

· Key regulatory focal points and themes in recent high-profile enforcement actions.

· Best practices from industry experts to make immediate improvements to programs.

· New strategies to ward off financial crime groups, such as less cash exposure points and activity only allowable through trackable player cards.

· Areas of casino operations that present a higher risk, including junket operators from high-risk countries, and what U.S. operations should look for as red flags.

About the Presenter:

Paul Camacho played a significant role in assisting the American Gaming Association (AGA) in developing industry best practices for Anti Money Laundering compliance.

Prior to his retirement, Paul served as the Special Agent in Charge for the Las Vegas Field Office of Internal Revenue Service Criminal Investigation (IRS CI) directing investigations of all IRS CI special agents in Utah and Nevada.

This webinar awards one CFCS credit.

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