Red Flag Talks 

An On Demand Series of short training videos

Produced and Written by:  Gettechnical Inc.

Red Flag  Talks is a series of conversations about Red Flag topics for the deposit area. This series purpose is to create unique short educational programs for both professional development and increasing technical expertise of our frontline staff.  It is a more casual approach to learning fundamentals about Red Flag issues and other important topics.  Designed for weekly or monthly meetings, orientation or ongoing development of your branch and lending staff, these Talks are a new approach which will complement and enhance your already developed new and on-going staff training programs.  

Included:

20 Programs under 15 minutes

Each with a quiz

Certificate of Completion

Sign In Sheet

1. Red Flag Talks--Money Laundering

This video outlines the basics of money laundering.  It also discusses some red flags and how BSA components and OFAC are used to detect and deter financial crimes.  This chat is the foundation for the other talks on preventing financial crimes.

2. Red Flag Talks--Elder Financial Exploitation

EFE or Elder Financial Exploitation is comprised of Elder Fraud and Elder Scams.   Understanding the different typologies and how our elder community can fall victim to various scams helps us to prevent this financial crime.  These red flags are specifically designed to spot light elder fraud and can lead to our elder communities protection.

3. Red Flag Talks--Human Trafficking

This may be a crime that is as old as time, it is still one of the leading reasons that suspects money launder and hide the original source of the money.  Current red flags issued by FinCEN continue to assist us in today’s struggle to detect and deter human trafficking.

4. Red Flag Talks--Human Smuggling 

Transporting human beings into the United States illegally continues to be a problem at the border and at ports.  How do we track the money on smugglers?  This video reviews the red flags for money laundering the crime of human smuggling.

5. Red Flag Talks--Cyber Crime 

At least two advisories have been issued on cyber related crime.  During this training we will look at the stages of cyber crime against account holders and against the financial institution.  This crime is often attached to other crimes such as elder fraud, identity theft and attacks on our own institution’s database.   Learn more during this video.

6. Red Flag Talks—Mail Related Check Fraud Schemes

Who knew that postal workers are sometimes attacked and compromised to get the key to open apartment mailboxes and business mailboxes.  Increasing a problem the criminal will wash the checks or reproduce fraudulent checks.  Learn how we can prevent these crimes.

7. Red Flag Talks--Mortgage Loan Fraud

Today’s mortgage loan fraud is comprised of fake appraisals, fake information on tax returns, account holders misrepresenting income, residency and much much more.  Learn how mortgage fraud continues to be an issue for financial institutions.

8. Red Flag Talks--Insider Fraud

Since half the financial institution fraud comes from insiders.  It is important to look at common typologies for these types of crime.  Unfortunately, this fraud can come from misuse of the financial institution and self-dealing along with other things such as loan and deposit fraud.  Learn more during this video.

9. Red Flag Talks--Disaster Relief Fraud

Some of the big disasters in our country have resulted in the best and the worst of help.  Sometimes criminals start charities, use fake FEMA checks and other scams to defraud our account holders.  Look at typologies and red flags that result from disaster relief fraud during tis video.

10.Red Flag Talks--Identity Theft

Preventing identity theft is increasingly difficult as we move to more electronic account opening.  Criminals create synthetic identities which are partially true and partially false.   During this video we will talk about old fashioned purse snatchers and new fashioned identity theft.  Learn more about preventing this financial crime.

11. Red Flag Talks—Convertible Virtual Currency (CVC)

The use of digital currency and Darknet transactions to acquire illegal goods and services, is an increasing problem.  We will look at this payment method and how criminals move money in and out of the US financial system into the criminal world.  

12. Red Flag Talks—Fentanyl and Other Drug Trafficking  

Stronger than morphine and heroin this drug often finds its origination in China.   Sold on the internet, paid for with CVC it is often shipped in the mail to the end user in the US.  What do these transactions look like and how we can help prevent this crime at our financial institution is a part of this video.

13. Red Flag Talks-- Cash Back Schemes

From lotteries to mystery shoppers the cash back schemes continue to plague our account holders and our financial institutions.  Learn how to respond to these fraudulent checks, notify BSA and prevent your account holders from falling prey to them.

14. Red Flag Talks—Kleptocracy

Foreign highly ranked individuals often prey upon their own countries and drain financial resources from their own people and governments.  Learn more about kleptocracy and how those funds move into the US.

15. Red Flag Talks—Tax Refund Fraud

Often attached to identity theft, criminals file fictitious returns and get tax refunds that they are not entitled to.  Learn how this crime works and how to be a part of the solution.

16. Red Flag Talks—Trade-Based Money Laundering and Funnel Accounts

What is a funnel?  How does illegal funds move through trade?  These topics will be covered in this video.  You will learn to identity this type of crime and how to prevent it.

17. Red Flag Talks—Ransomware

Today both big and small businesses are subject to ransomware.  Learn more about this financial crime and how your account holders can fall victim to it.  This video will look at FinCEN advisory on ransomware and how it can affect your business accounts.

 18. Red Flag Talks—Marijuana Related Businesses Misuse 

Today, we have mismatched state and federal laws on marijuana.  How can marijuana related businesses be misused?  Look at what constitutes a compliant marijuana related business and what does not.  Learn how red flags can help detect when something is wrong.

19. Red Flag Talks—Terrorism Domestic and Foreign

There are still 3 main foreign terrorist groups active in the world.  But our biggest threat may be domestic terrorism.   Learn how terrorists move money and how to detect terrorist activity.  It is often charitable contributions that indicate a foreign presence while it is quite different for our domestic terrorists.  Learn more during this video.

20. Red Flag Talks—Making referrals to BSA

What is our response to red flags?  If we see something we report it to BSA.  Every institution is a little different in how this process works.  Learn more about what to do if your account holder is hiding money.

INCLUDES 3 YEARS OF FREE UPDATES

Designed to ensure your frontline stays current -- if there are regulatory changes within 3 years of purchase you will receive a free program update.