Sharing what went wrong can help other credit unions avoid North Dade Community Development FCU's recent $300K FinCEN fine.
The $3.6M North Dade Community Development FCU violated BSA and Patriot Act regs for five years.
Charges range from forgery and money laundering to receipt of gifts for procuring loans.
The free May 21 event will focus on OFAC and FinCEN compliance.
Prosecutors win seizure of virtual currency in Silk Road website case.
Former Oregon branch employee convicted this week of laundering more than $120,000 in drug money.
Cocaine, money laundering convictions net jail time for Ignacio Morales. Former Philadelphia credit union CEO also ordered to re-pay $9.6 million.
Big bank accommodated money flow for Mexican drug traffickers, allowed customers to conduct business with sanctioned countries, including Iran.
Another guilty plea this week in St. Paul Croatian FCU fraud case; former CEO faces sentencing Nov. 20.
Consultant has been to many institutions of various sizes recently where examiners have written then up for not doing enough.