Money Laundering Schemes: Identifying and Investigating




CPE Credit: 16
Course Level: Overview
Prerequisite: None

Money laundering is a common element in many fraud, corruption and terrorist-financing cases and has an economic impact on most businesses and government entities. As technology’s accessibility and ease of use increases, so does the number of ways a fraudster can conceal his ill-gotten gains.

This ACFE money laundering seminar will teach you how to recognize both traditional and emerging methods of laundering assets, including new payment technologies. You will also learn the tools and techniques you need to conduct a successful money laundering investigation.


Upcoming Courses 

No courses are scheduled at this time. Please view our  Calendar of Events for other upcoming seminars.


You Will Learn How To:  

Evaluate the goals of a money launderer at each stage of the laundering process

Identify traditional laundering schemes, as well as schemes involving emerging payment methods

Implement procedures to detect money laundering and identify red flags

Conduct money laundering investigations at the domestic and international levels

Report the results of the investigation and recommend corrective measures 

Who Should Attend:  

Attorneys, legal professionals and law enforcement personnel

Criminal investigators from local, state and federal agencies

Forensic accountants and bank examiners

Governance, risk management and compliance officers

Internal and external auditors, CPAs and CAs 

Loss prevention and security professionals

Certified Fraud Examiners and other anti-fraud professionals 


Members: $695
Non-Members: $845 

CPE Credit


Field of Study 

Specialized Knowledge


Course Level





Advanced Preparation


Delivery Method 


  Day One  
7:30-8:00 a.m.   Registration & Continental Breakfast   
8:00-9:20 a.m. 

The Basics of Money Laundering 

Discuss money laundering and when it is used, different types of money laundering and other methods of concealing assets, and the money laundering process: placement, layering and integration.

9:20-9:35 a.m.  Break 
9:35-10:55 a.m. 

Traditional Money Laundering Methods, Part 1 

Money laundering is a common way to conceal assets. Learn how traditional schemes like cash vs. non-cash transactions, deposits to financial institutions, wire transfers and front business work and what to do to seek them out.

10:55-11:10 a.m.  Break  
11:10 a.m.-12:30 p.m. 

Traditional Money Laundering Methods, Part 2 

Continue discussing some of the most traditional money laundering schemes like fictitious identities, offshore transactions, insurance policies and investments.

12:30-1:30 p.m.  Group Lunch  
1:30-2:50 p.m. 

Emerging Payment Methods and Schemes 

New payment technologies to launder funds are surfacing. Learn about online payments/e-cash, mobile payments, prepaid items, digital and virtual currencies, and other ways to launder money that are not yet most common.

2:50-3:05 p.m.  Break  
3:05-4:25 p.m.  


Arm yourself for the detection of money laundering by discussing data mining and analysis, transaction monitoring, and red flags for individuals and businesses.



  Day Two 
7:30-8:00 a.m.   Continental Breakfast   
8:00-9:20 a.m. 

Investigating Money Laundering, Part 1 

Examine the profile of a money launderer, net worth analysis, the expenditures method of investigation and how to find information by using bank-deposits.

9:20-9:35 a.m.  Break  
9:35-10:55 a.m. 

Investigating Money Laundering, Part 2 

This session will inform you of offshore money laundering havens, tax havens and legal obstacles for money laundering and will give you resources for international investigations.

10:55-11:10 a.m.  Break  
11:10 a.m.-12:30 p.m. 

Knowing and Complying with Money Laundering Laws 

Discuss the Bank Secrecy Act, the Patriot Act, Federal Money Laundering Statutes, the Dodd-Frank Act, and the UK Bribery Act, and how each relates to money laundering schemes and how to apply them.

12:30-1:30 p.m.  Lunch on Own
1:30-2:50 p.m. 

Reporting, Resolving and Remediating 

Learn how to report a money laundering investigation and money laundering remedies that are available. Also, discuss corrective measures such as review policies and training, creating a data monitoring platform and how to ensure best practices with AML regulations.

2:50-3:05 p.m.  Break  
3:05-4:25 p.m.  

Practical Problem 

Dissect a fact pattern involving a mix of traditional schemes and new payment methods, while working with investigatory and legal issues.

Event Cancellation Policy 

Our cancellation policy is intended to keep costs low for attendees. Due to financial obligations incurred by ACFE, Inc. you must cancel your registration prior to the start of the event. Cancellations received less than 14 calendar days prior to an event start date are subject to a $100 administrative fee. No refunds or credits will be given for cancellations received on or after the start date of the event. Those who do not cancel and do not attend are responsible for the full registration fee.


Satisfaction Guarantee 

ACFE seminars are unmatched in scope and effectiveness and backed by our unconditional satisfaction guarantee. If you attend an ACFE event and are not completely satisfied, please contact an ACFE Member Services Representative at or call (800) 245-3321 / +1 (512) 478-9000.


NASBA CPEThe Association of Certified Fraud Examiners, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:


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