Category - Blog

Interviewed for “Interrupting The Wash Cycle”

Posted on April 1, 2012 by tim.sherwood

Kevin Sullivan was interviewed for a Security Management Magazine article titled “Interrupting The Wash Cycle.” In it he comment on “hawalas” and business exploits. Read the full article here.

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Bribe Backfires on S.A.R. Reporter

Posted on January 14, 2011 by kevin

Everyone in the AML field should know this – the SAR is confidential.  That is certainly nothing new.  Sometimes mistakes are made, people goof up, we’re all human, so be it.  However, a particular bank employee for Chase Bank knew … Continue reading →

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The Hammer Gets Nailed

Posted on December 10, 2010 by admin

Former coordinator of New York’s money-laundering task force explains why Congressman Tom Delay was found guilty of money laundering. Continue reading →

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Fallout – The Real Cost of Non-Compliance with the BSA

Posted on November 10, 2010 by admin

When a bank like HSBC gets called on the carpet the dramatic economic effects shows up in several ways. I was interviewed about what this means, exactly, not just for the bank, but for the bank’s customers. Continue reading →

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Money Laundering Update

Posted on November 10, 2010 by admin

Kevin has been interviewed about what’s hot in the money laundering world. Continue reading →

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…And Then He Created the Moon and the SARS

Posted on October 12, 2010 by admin

For a second time in 2010, the Vatican finds itself under the magnifying glass as it again is the subject of a money laundering probe. Is the bank or a bank employee dirty? I don’t know. If this had been any other bank on the planet, this would never have received so much press and attention. Continue reading →

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Interview with Kevin Sullivan: Money Laundering & Financial Crime in Virtual Worlds

Posted on August 31, 2010 by admin

The following interview with Kevin Sullivan was conducted by Heather Desguin of the Florida Department of Law Enforcement, departments of Office of Statewide Intelligence and the Financial Crime Analysis Center. 1. Can you explain the process of money laundering in … Continue reading →

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Examples of Bulk Cash Smuggling

Posted on August 15, 2010 by kevin

Several of the readers have made inquires about the blog on Bulk Cash Smuggling.  I have attached below several actual photographs of bulk cash smuggling incidents.  Obviously, I have an obligation to not write about or show anything that could … Continue reading →

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Upcoming AML Events

Posted on August 4, 2010 by admin

Feb. 23 – HSBC, New York, NY
Feb 28 – Nordea Bank, New York, NY
March 8 – Nordea Bank, New York, NY
Mar. 18 – Louisiana State Banking Dept
Mar. 20 – ACAMS Exam Prep Course – Hollywood, FL
March 21-23 – Money Laundering Alert Annual Conf. – Hollywood, FL
Continue reading →

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How to Spot Bulk Cash Smuggling

Posted on July 22, 2010 by kevin

I was recently invited to do a podcast interview with BankInfoSecurity.com where we discussed the latest AML trends – including bulk cash smuggling. I also wrote a guest blog for BankInfoSecurity.com’s series “The Expert’s View” entitled How to Spot Bulk Cash Smuggling. Continue reading →

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