This training is designed to help participants understand how money laundering is perpetrated and how government s and anti-money laundering (AML ) laws operate to counteract this crime. It also highlights the roles and responsibilities of the AMLC and covered per sons in facing the threat of money laundering. Professional accountants, compliance officers, and other individuals involved in covered institutions such as banks, stock brokerages, casinos, and pawnshops will greatly benefit from this course.

In Lesson 5, participants should gain a background on casino operations and junkets , as well as identify and understand the alerts and red flag indicators of suspicious transactions in casinos .

Course curriculum

  • 1

    Test Your Knowledge

    • Test Your Knowledge

  • 2

    Handouts

    • Handouts - Anti-Money Laundering Series - Lesson 5

  • 3

    MODULE OVERVIEW

    • Module Overview - Lesson 5

  • 4

    Casino: Transactions and Operations

    • 81 Million Dollar Heist

    • Casino: Transactions and Operations

  • 5

    Section Review: Casino: Transactions and Operations

    • Casino: Transactions and Operations

  • 6

    Alerts and Red Flag Indicators - Part 1

    • Alerts and Red Flag Indicators - Part 1

  • 7

    Section Review : Alerts and Red Flag Indicators - Part 1

    • Alerts and Red Flag Indicators - Part 1

  • 8

    Alerts and Red Flag Indicators - Part 2 and 3

    • Alerts and Red Flag Indicators - Part 2

    • Alerts and Red Flag Indicators - Part 3

  • 9

    Section Review : Alerts and Red Flag Indicators - Part 2 and 3

    • Alerts and Red Flag Indicators – Parts 2 & 3

  • 10

    Use of Junkets

    • Use of Junkets

  • 11

    Section Review : Use of Junkets

    • Section Review

  • 12

    EXERCISES

    • List of Scenarios

    • Scenario 1

    • Scenario 1 - Questions

    • Scenario 2

    • Scenario 2 - Questions

    • Scenario 3

    • Scenario 3 - Questions

  • 13

    CASE STUDY

    • CASE STUDY: Crown Resorts and the Use of Junkets

    • CASE STUDY: Questions

  • 14

    Quiz

    • Quiz

  • 15

    Evaluation Form

    • Evaluation Form - Introduction to Anti-Money Laundering - Lesson 5