Podcast: Asset Forfeiture and AML Compliance

In this podcast, John Byrne of AML Right Source interviews former federal prosecutor Stef Cassella on the use the government makes of the asset forfeiture laws in money laundering and other cases.  The conversation covers the types of cases in which the government uses criminal and non-conviction-based forfeiture, the due process protections that are built […]

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Money Laundering and the Insurance Industry

This is a presentation by Stef Cassella at the Asia Money Laundering Summit for the Insurance Industry that took place in Singapore on July 13-14, 2016.  The paper discusses the various ways that insurance companies and insurance products have appeared in money laundering cases, the risks to the insurance industry of money laundering by both […]

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Apple Versus the FBI: Who wins?

In this article, former FBI agent Dennis Lormel discusses the risk that encryption software poses to public safety as terrorists and other criminals learn to exploit software intended to guarantee privacy.  Like Jeff Breinholt in his article on Apple, Lormel likens the communications industry’s resistance to assisting law enforcement to the resistance of the banking […]

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Is Apple Trying to Act Like an Offshore Tax Haven in its Fight with the FBI?

This article by DOJ Attorney Jeff Breinholt likens Apple’s refusal to cooperate with law enforcement with respect to encryption software to the resistance the banking community once exhibited to cooperation regarding bank records — before it realized the benefits of adopting AML compliance programs. Breinholt Article

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United States v. Sperrazza: An Appropriate Use of Federal Asset Forfeiture as Criminal Punishment

This is a link to an article written by former AUSA Courtney J. Linn and published by Washington Legal Foundation.  It discusses the structuring conviction and related criminal forfeiture issues in the Eleventh Circuit’s decision last year in United States v. Sperrazza.  The article concludes that “While this case implicates thorny asset-forfeiture questions, the result reached […]

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