Garry Clement, CAMS
Chair
White-Collar Consultants & Investigative

Garry started White-Collar Investigations and Consultant’s Group in April 2009 following a period in IPSA International’s Toronto Office as Managing Director commencing in 2007.  Prior to joining IPSA, Garry established thirty years of policing experience with the Royal Canadian Mounted Police (RCMP) in a range of investigative matters and management roles, and four years as the Chief of Police for Cobourg. He retired from the RCMP holding the national position of Director, Proceeds of Crime. Garry is an internationally recognized expert in the areas of money laundering, detection of suspicious activity and currency reporting. During his tenure in the RCMP, he worked in the areas of proceeds of crime and money laundering as an investigator, undercover operator and manager. Additionally, he served as a Liaison Officer in Hong Kong, where he worked with law enforcement in the Asia- Pacific area dealing with counterfeiting, fraud and money laundering. Garry is a former member of the ACAMS Advisory Board.

Email: whitecollar@xplornet.com

Karim Rajwani, CAMS
Co-Chair
RBC Financial Group

Karim is currently the Vice-President and Chief Anti-Money Laundering Officer for the RBC Financial Group (RBC) and is responsible for leading RBC's Anti-Money Laundering, Anti-Terrorism and client risk management initiatives globally.  Karim has more than 20 years of risk management, compliance and financial accounting experience.  Karim is a leading authority on anti-money laundering and counter-terrorist financing matters both domestically and internationally and speaks frequently on these matters in banking, legal, compliance and academic platforms including for US Treasury/Middle East/North African Bankers as well as for The Financial Services Volunteer Corps. Karim is also a member of the Advisory Council on National Security for the Office of the Prime Minister of Canada.

As Chief Anti-Money Laundering Officer, Karim has overseen the development and implementation of RBC’s AML/CTF program from its inception. Over the past 10 years under Karim’s direction RBC has developed and implemented numerous AML/CTF solutions globally. 

Prior to taking on his current role with RBC, Karim held various management positions focused on risk management, internal controls, Operational risk and IT development. In addition to his risk management experience, Karim has worked for various Financial Institutions, Chartered Accounting and Management Consulting firms.  In these roles he has overseen the implementation of a number of enterprise-wide risk management and compliance initiatives.

Karim has a double honors degree in Accounting and Finance and is a member of the Institute of Chartered accountant in Canada as well as in England and Wales.

Email: karim.rajwani@rbc.com

Rosalind Laruccia, Senior Audit Manager
Secretary
CIBC

Rosalind is a Senior Audit Manager with CIBC and has 11 years of experience in compliance and risk management within Canada and the U.S. in both the telecommunications and financial services industry.  Rosalind’s roles have included investigations, risk management and control, training, and money laundering/counter-terrorism financing.
At CIBC, Rosalind provides AML/ATF regulatory guidance across the audit division.  She is responsible for the development and implementation of an AML/ATF standard audit program for examination of the bank’s regulatory compliance with AML/ATF requirements.

Email:  Rosalind.Laruccia@cibc.com

Kenneth H. Saul, B.A., LL.B., CAMS
Co-Secretary      
Cambridge Mercantile Group

Kenneth has been a lawyer in Ontario since 1973, General Counsel to the Cambridge group of companies since 2002, he also heads up the Cambridge Group’s Compliance Department.  Professional Member of ACAMS and certified as a CAMS since 2004,  Ken was also a member of the Steering Committee of the new Canadian Anti-Money Laundering Institute (CAMLI) and has been a Board member of the Canadian Association of Money Service Providers (CAMSP). He is a frequent speaker at conferences on anti-money laundering and counter-terrorist financing compliance topics.

Email: ksaul@cambridgefx.com

Jennifer Fiddian-Green CAMS
Treasurer  
Grant Thornton LLP

Jennifer is a Partner at Grant Thornton LLP in Toronto. She is a CICA qualified investigation and forensic accountant and is an anti-money laundering (“AML”) specialist.

Jennifer has worked with different industry groups to determine the nature of transactions suspicious of money laundering and methods to identify and make determinations on these transactions. Jennifer has also assisted clients in determining the impact on operations and corporate governance of the legislation, this has included identifying and understanding risks, policy decisions, development of procedures, employee training and the implementation of compliance programs.  She participated in consultations with Canada's Department of Finance and FINTRAC in regards to the development and interpretation of the regulations for the PCMLTFA and compliance expectations. 

Jennifer regularly provides consulting and compliance review services to financial institution organizations and money services businesses.      

Email: jfiddian-green@grantthornton.ca

Larry Masci , CAMS
Co-Treasurer
Ontario Securities Commission

Larry Masci has been an investigator with the Enforcement Branch of the Ontario Securities Commission (OSC) for the past 19 years.

He has a Bachelor of Arts in Sociology from York University and Certificates in Criminology and Management in Law Enforcement from the University of Toronto. He completed the CSI Branch Managers Course, the Canadian Securities Course, Futures Examination Course, and received the Anti-money Laundering Certificate from The Canadian Securities Institute. He also earned a Certificate in Fraud Investigation, Level 1 and 2 awarded by the Ontario Police College.

Masci has given numerous presentations to consumer groups and law enforcement agencies about fraud in the capital markets. He is a Certified Fraud Examiner and a member of the Association of Certified Anti-money Laundering Specialists.

He began his career began as an investigator with Revenue Canada, Customs. He directed and was involved investigating fraudulent import invoices. After leaving Revenue Canada he was employed with Industry Canada (The Government of Canada) as a consumer fraud investigator. He was instrumental in creating and developing the fraud unit within the Department.

He was promoted to the Bureau of Competition Policy as an investigator.  In his role he investigated consumer frauds. Appointed Acting Manager to assist junior investigators in developing investigations.

He joined the OSC as an investigator in 1988. At his present position he investigates frauds and money laundering within the capital markets. He was seconded to the Royal Canadian Mounted Police (Combined Forces Special Enforcement Unit) in June 2001 to investigate frauds and money laundering in the markets by organized crime.

He has conducted numerous fraud investigations which involve international jurisdictions. He has become an expert in investigating Prime Bank Instrument Schemes and Ponzi's. He has given numerous presentations to Rotary clubs, Ontario Provincial Police-Anti-Rackets Branch, High Schools, Probus Clubs and other consumer groups on how fraudsters use the capital markets.

Email: lmasci@osc.gov.on.ca  

Carmelo DiMauro, CAMS
Membership Director
Scotiabank

Carmelo is a Director in the Scotiabank Group Compliance – Anti-Money Laundering Unit.  He is responsible for development of risk assessment programs, policies, standards guidance and training programs for the Scotiabank Group in some 50 countries.  Carmelo played an instrumental role in the creation and publication of the AML Handbook, which sets out Scotiabank’s AML/CTF standards that are applied enterprise-wide.

With over 30 years in banking, Carmelo has acquired considerable knowledge and expertise in a broad range of banking functions, including a thorough understanding of business process reengineering, operations risk management, trading systems / processing, compliance and control routines.  He has held a variety of progressively senior management roles in internal audit, banking operations, investment and wholesale operations and most recently, the AML Unit. 

Carmelo is CAMS certified and a member of the Association of Certified Anti-Money Laundering Specialists (ACAMS).  He is also a member of the Canadian Bankers Association Anti-Money Laundering Working Group.  He holds a Bachelor of Commerce (double major) degree in Business Administration and Accounting from Concordia University in Montreal.

Email: carmelo.dimauro@scotiabank.com

Sharon McCullough
Co-Membership Director
TD Bank Financial Group

Sharon joined the Global AML Compliance group in July 2006 as a Senior Compliance Officer to assist in building a comprehensive AML program.  In 2010 she was promoted to Senior Manager of their Global Anti-Money Laundering department. In her current role, Sharon provides subject matter expertise on regulatory changes and AML trends in the industry, as well as maintains relationships with regulators, key business partners, and business-line contacts within TDBFG Globally.   Sharon is also responsible for developing the AML Training Program and Risk Assessment / Self Assessment methodology within the TDBFG enterprise.  Sharon has more than 20 years of banking experience.  Prior to joining Global AML Compliance in July 2006, Sharon worked in various roles within TDBFG related to operations and project management.    Sharon has earned her Marketing and Sales and Marketing and Sales Specialist Certificates from Sheridan College, Institute of Technology and Advanced Learning.  In 2007, Sharon received TDBFG’s ‘Vision in Action’ Award, the highest award for TD Bank Group employees. . Sharon is also a Certified Anti-Money Laundering Specialist (CAMS) designation from the Association of Certified Anti-Money Laundering Specialists). 

Email: sharon.mccullough@td.com

Tim McNeill, CAMS
Program Director    
Bank of Montreal Financial Group

Tim, Senior Manager, Financial Intelligence Unit at the Bank of Montreal, joined the organization in 2008 to assist with building an enterprise wide AML operation and team. The operation has now amalgamated AML activities for Personal &Commercial Banking, Private Client Group, and Capital Markets banking into one unit. As the Senior Manager of the Financial Intelligence Unit, Tim is responsible for Watch List Scanning and Transaction Monitoring across the enterprise that is conducted in an effective and efficient manner that meets all regulatory requirements. Tim’s previous experience includes being the Fraud/AML Leader for GE Money Canada, where he built a ‘Greenfield’ operations team for fraud and AML, and was responsible for leading a successful fraud rules and strategy development group. Prior to joining GE, Tim was a Law Enforcement Officer working in the Special Investigations Unit of the Edmonton Police Service.

Tim earned an MBA with a focus on International Business from the University of Alberta. He is a Certified Anti-Money Laundering Specialist (CAMS designation), a Certified Fraud Examiner (CFE designation), and a Certified Financial Crimes Investigator (CFCI designation). Tim has worked and travelled extensively globally, and is the point person for his business units involvement in the local United Way Campaign. Outside of his profession, Tim is an avid cyclist and enjoys golf.

Email: timc.mcneill@bmo.com

Richard Hogeveen C.A., C.P.A.
Co-Programming Director
Manulife Financial

Richard is the Chief AML Officer responsible for Manulife Financial’s AML/ATF program including oversight and coordination of AML efforts in over 22 countries and territories globally. The Company operates in Canada and Asia through the brand name “Manulife Financial” and in the United States primarily through the brand name “John Hancock“. Richard is the Chair of Manulife’s global AML/ATF Steering Committee and has been working in this area for over 5 years in both the Company’s Treasury and Global Compliance groups. In addition, he has overall accountability for the Company’s Regulatory Risk Management and Enterprise Code of Conduct and Records Management programs working closely with compliance officers across the company.

Richard has been with Manulife Financial for over 15 years, based in its head office in Toronto. Prior to his role in the Global Compliance Office, he worked in finance roles in a number of areas within Manulife including Corporate Treasury, Reinsurance and U.S. Divisions where his responsibilities included managing the John Hancock retained asset program with over 25,000 customers and $900 million of deposits , business process re-engineering and financial reporting. Before joining Manulife, he articled and worked for a number of years at KPMG in Canada and Switzerland. Richard is both a Chartered Accountant (Canada) and a Certified Public Accountant (Illinois). Outside of work, he is an avid sports fan, musician and personal “valet” to three daughters.

E-mail:  richard_hogeveen@manulife.com

Mario Possamai, CAMS, CFE, CPP
Communications Director
Forensic Financial Research & Consulting

Mario is an experienced independent consultant. He has managed complex fraud, asset recovery and corruption investigations in North America, Europe, Africa and the Far East.

A lead participant in the investigation into the $1 billion Bre-X gold mining fraud in Indonesia and Canada, he also assisted the Director of Public Prosecutions of an African nation to investigate the corrupt financial dealings of a former dictator. 

As well, Mario has developed effective anti-money laundering compliance programs for securities dealers and money services businesses (MSBs), and has conducted compliance reviews for a variety of financial businesses. 

In addition, Mario has undertaken due diligence investigations for financial institutions and multinational corporations around the world. 

From 2003 to 2007, he acted as Senior Advisor to Ontario Superior Court Justice Archie Campbell, who headed the judicial inquiry into the SARS outbreak.  Mario also was Project Manager in a recent engagement to overhaul the structure, policies, procedures and training of the internal investigation function at a large municipal correctional service in the U.S. 

A frequent lecturer on money laundering and fraud issues, Mario was a guest instructor from 1993 to 2003 in the international money laundering training program at the Department of Homeland Security’s Financial Fraud Institute at Glynco, Georgia. 

A Certified Anti-Money Laundering Specialist (CAMS), Mario is also a Certified Fraud Examiner (CFE) and is Board Certified in security management by the American Society for Industrial Security (ASIS International).

E-mail: mario.possamai@sympatico.ca

John Corelli, CAMS
Co-Membership Director    
Ministry of the Attorney General (Ontario)

After being called to the Bar in 1986, John became a prosecutor with the Crown Attorney’s system before becoming an appellate counsel with the Crown Law Office - Criminal in 1991.  John was appointed Chief Counsel, Special Investigations in that office in 1998, and Deputy Director, International and Criminal Division Support in 2003.  John's current responsibilities as the Deputy Director responsible for the Criminal Asset Forfeiture Unit include developing and implementing the Ministry of the Attorney General's policy on proceeds of crime and money laundering.  He has appeared in all levels of court including the Court of Appeal for Ontario and the Supreme Court of Canada.  John has an LL.B. from Queen's University, an LL.M. from Osgoode Hall Law School and lectures regularly on the topic of asset seizure and forfeiture to domestic and foreign audiences.  John has been a member of the Association of Certified Anti-Money Laundering Specialists since 2005 and is the co-chair of the annual symposium on money laundering administered by York University.  He chairs the National Liaison Committee for Proceeds of Crime, an informal group of senior Canadian prosecutors who meet to address money laundering and asset forfeiture issues.  He also chairs Ontario’s Proceeds of Crime Administration of Criminal Justice Grant Programme, which distributes forfeited proceeds of crime for law enforcement purposes.  John devotes his spare time to coaching his sons’ hockey teams and training for marathons.

Email: john.corelli@ontario.ca