CULTURAL LITERACY AND MONEY LAUNDERERS

Further to my prior articles, THE IMPORTANCE OF CULTURAL LITERACY IN AML/CFT COMPLIANCE (December 11, 2024)* and TO BE EFFECTIVE, A COMPLIANCE OFFICER MUST POSSESS CULTURAL LITERACY; THIS REQUIRES AN UNDERGRADUATE LIBERAL ARTS EDUCATION **                ( November 7, 2023), It is important for compliance officers to understand that successful money launderers also possess Cultural Literacy.

While I was what you call an Accidental Money Launderer, having fallen into that dark art to assist some fellow Vietnam Veterans smuggling marijuana, and then becoming a "full-service" landryman for cocaine traffickers, I had come into the job with the necessary skill set, acquired from education, training, experience. I had acquired knowledge of political geography from a number of hobbies during my youth, understood asymmetric and covert conduct from my Vietnam tour, and had not only a liberal arts & a legal education but hands-on experience at an international law firm, where I was working in the banking division. In short, I had all the cultural, academic and vocational background one needs to be considered culturally literate for money laundering operations, where one applies all that knowledge to clean dirty money right in front of compliance, using techniques that are rarely recognized or understood by individuals not blessed with compliance cultural literacy.

While I cannot expect all compliance officers to have such an extensive preparatory background, If you want to catch laundrymen in the act, you must at least have a firm background in advanced Tradecraft, those effective techniques and methods of money laundering that you cannot find in a manual or a seminar. I invite you to attend my three-part January presentation on esoteric, obscure and exotic techniques; it will open your eyes to money laundering on a different level.

For further information: https://titc.io/kenneth-rijock-the-laundry-man

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*https://rijock.blogspot.com/2024/12/the-importance-of-cultural-literacy-in.html

**https://rijock.blogspot.com/2023/11/to-be-effective-compliance-officer-must.html