CREATESPACE Fraud and Embezzlement: Hands-on Guide for Financial Professionals

This book serves as a practical guide for all financial, compliance and audit staff by providing a thorough description of fraud and embezzlement including a detailed review of the complex world of money laundering. Topics include: acts of fraud, management fraud, danger signs of embezzlement, detecting fraud, preventive measures and more. The author, Bob Walsh, is widely regarded as one of the leading authorities in this field. He is convinced that providing AML/KYC audit and compliance staff with a better understanding of how fraud and embezzlement functions can dramatically improve compliance and audit results. This book is one of several AML compliance books written by Bob Walsh including a special series of guides prepared specifically for AML auditors. In addition, he has published books that describe the functions and inner workings of key financial services. The information presented was compiled from his decades of hands-on experience in the banking and financial industry working with major domestic and international banks, Federal Bureau of Investigation, Federal Reserve Bank of New York, and leading AML/KYC consulting agencies on some of the more notorious cases in banking history.As one of the leading authorities in the field, Mr. Walsh assists banks with AML/KYC auditing, investigations, compliance assessments, remediations and related AML/KYC technical training. His office is located in New York; he may be reached by email at: walsh516@aol.com. About the Author Bob Walsh is a subject-matter-expert in the international banking and financial services industry. He is a CAMs certified Anti-money Laundering/Know Your Customer (AML/KYC) specialist with over 30 years of “hands-on” experience spanning U.S. and international banking and the financial services industry. After serving many years as a Vice President at large money-center banks, Mr. Walsh worked on major AML/KYC consulting projects involving transaction monitoring, “Lookbacks,” SARs writing, retail and institutional remediations, and AML/KYC procedures writing and technical training. In addition to this text, Bob Walsh has authored several AML/KYC compliance books: AML Auditing and Internal Controls; AML/KYC Compliance; AML Transaction Monitoring; How Terrorists Move Money Through Banks; Know Your Customer Compliance; Currency Transaction Reporting (CTRs); Fraud and Embezzlement; and a series of AML audit books uniquely designed to benefit AML auditors and compliance staff by enhancing their understanding of how key financial services operate. Mr. Walsh has also authored texts that describe the inner workings of major financial services including: Depository Trust Company and Clearing; ERISA Compliance; Foreign Exchange; Global Custody Services; Global Securities Industry; International Capital Markets; Investment Banking, Mutual Funds, SEC Compliance; Securities Lending; Subcustodian Network Management; and Types of Securities. Bob Walsh established a MBA accredited program at New York University and Wayne State University on International Capital Markets, conducted AML/KYC technical training for FBI Special Agents and Federal Reserve Bank of New York Examiners. As one of the leading authorities in the field, Mr. Walsh assists banks with AML/KYC auditing, investigations, compliance assessments, remediations and related AML/KYC technical training. His office is located in New York; he may be reached by email at: walsh516@aol.com.