AFC in Practice: How Criminals Are Using Artificial Intelligence

Craig Timm is the Senior Director of AML at ACAMS.

Prior to joining ACAMS, Craig had more than 15 years of anti-financial crime experience across the public and private sectors. At the Department of Justice, Craig served as a Deputy Chief in the Asset Forfeiture and Money Laundering Section (now Money Laundering and Asset Recovery Section) at headquarters in Washington, DC. In that role, he led a team of prosecutors responsible for enforcing criminal violations of the Bank Secrecy Act, U.S. economic sanctions, and money laundering laws committed by financial institutions and their employees. He led the prosecution of some of the largest financial institutions in the world including HSBC and BNP Paribas. Craig began his career with the Department of Justice as an Assistant United States Attorney in Arizona. At the Department of Justice, he was the recipient of numerous awards including the Attorney General’s Crime Victim’s Restoration Award, the Assistant Attorney General’s Award for Exceptional Service, and the Immigration and Customs Enforcement Director’s Meritorious Service Award.

At Bank of America, Craig was a Financial Crimes Executive responsible for Strategic Initiatives. These initiatives included participation in the Bank Secrecy Act Advisory Group, 314(b) information sharing initiatives, and the Wolfsberg Group as well as managing the day-to-day liaison with FinCEN, the U.S. Treasury, senior financial crimes policy officials at the OCC and Federal Reserve, key law enforcement agencies, and the U.S. Department of Justice. He also spent several years as the Financial Crimes Executive for the Global Wealth and Investment Management business lines where he served as the designated Anti-Money Laundering Compliance Officer for Merrill Lynch and U.S. Trust.

Craig has an undergraduate degree from the University of Michigan and a law degree from the Northwestern University School of Law.

Jill Adams is assigned to the FBI's Criminal Investigative Divisions’ Financial Crimes Section, where she serves as the FBI's Senior Liaison Officer to FinCEN. Her responsibilities also include outreach to financial institutions and other private sector entities. Ms. Adams represents the FBI on FinCEN's BSA Advisory Group's Executive Steering Committee and the US Delegation to the Financial Action Task Force. She has previously served as a Special Advisor at the FBI’s Washington Field Office as well as program analyst in the Money Laundering and Bank Fraud Unit and Economic Crimes Unit at FBI Headquarters in Washington, DC.

Michael Hall serves as Director of AML and Economic Sanctions.  He leads Fifth Third Bank’s AML and economic sanctions programs and is responsible for ensuring compliance with financial crimes laws and regulations. Michael is also the designated Bank Secrecy Act officer.

At Fifth Third Bank, Michael leads a team of experienced compliance officers who have financial crimes compliance oversight responsibility for the consumer, commercial, payments and wealth management lines of business. The financial crimes compliance team handles all sanctions screening, AML transaction monitoring, customer due diligence reviews, AML investigations, currency transaction reporting and suspicious activity reporting. In addition, Michael is responsible for developing and implementing strategies that continue to improve Fifth Third Bank’s overall financial crimes program.

Prior to his current position, Michael spent eight years in Bank of America’s AML organization and 20 years in the global banking division based in the US and Europe. Past positions included global head of AML and economic sanctions risk management for all lines of business, head of the line of business AML program for the Global Banking and Markets division and business support executive for the regional president in EMEA.

David Zacks is Deputy Chief Compliance Officer and Head of Product Compliance at Kraken Digital Asset Exchange. He leads global product compliance and drives strategic alignment between compliance and product development to support Kraken’s growth in an evolving regulatory landscape.

Previously, David led Kraken’s global compliance operations, spanning Customer and Enhanced Due Diligence, Financial Intelligence, Law Enforcement Response, Trade Surveillance, NFT Compliance, and Sanctions. He also oversaw compliance strategy and technology, scaling infrastructure to meet the demands of a global platform.

Before joining Kraken, David served as Head of Legal, Compliance, and Risk at bitFlyer USA, and held senior roles at Airbnb, JPMorgan Chase, and the U.S. Department of the Treasury (FinCEN). He brings more than 15 years of experience building and transforming compliance programs across both traditional financial institutions and high-growth crypto firms.

David holds a B.A. in Political Science and International Studies from California Lutheran University and an M.A. in International Policy Studies from the Middlebury Institute of International Studies at Monterey.