Crime Rings Have Grown to a Prevalent and Formidable Threat

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  • When: November 6, 2015
  • Time: 12:00 PM – 1:00 PM ET
  • Level: All

The numerous crimes which currently threaten financial institutions have evolved in concert with the trend of collusive activities by today’s savvy and sophisticated financial criminals. Whether it’s fraud rings that inflict various types of losses (e.g. loan fraud, card fraud, online account takeover, check fraud, tax fraud, etc.); financial exploitation by drug cartels; “funnel accounts” used by human trafficking and smuggling organizations; or “money mules” who are instrumental in money launderers’ attempts to evade detection – the days of the lone financial criminal have become less common. The current financial crime landscape has become the domain of group criminal activity and organized efforts.

Learning Objectives

  • Gain an understanding of the anatomy of an example, financial crime ring
  • Learn through several real-life cases how crime rings perpetrate numerous types of financial crimes
  • Best practices to extend a financial institution’s line of defense and strengthen its protective countermeasures against crime rings


Chris Swecker
  • Chris Swecker

  • Financial Crimes Consultant and Attorney; Assistant Director
  • FBI (retired)


Chris Swecker has more than 30 years of experience in law enforcement, national security, legal, and corporate security/risk management. Chris served 24 years with the Federal Bureau of Investigation (FBI) before retiring as one of the bureau’s top officials. As Assistant Director, Chris was responsible for eight FBI divisions encompassing more than half of the FBI’s total resources. He has appeared as a guest on numerous media programs including CNN, 60 Minutes, Good Morning America, C-SPAN’s Washington Journal, and The Oprah Winfrey Show. Chris is a frequent public speaker on financial crimes, money laundering and cyber-crimes.

Brendan Brothers
  • Brendan Brothers

  • Co-founder
  • Verafin


Brendan Brothers is a co-founder of Verafin, a leading provider of fraud detection and anti-money laundering software with more than 1200 financial institution customers across North America.

Brendan is a computer engineer with specialized knowledge and deep expertise in advanced analytics.