On April 13, 2021, Don Fort participates in a presentation entitled "Enforcement Action Case Study: Goldman Sachs and the 1MDB Scandal" at the Association of Certified Anti-Money Laundering Specialists' ("ACAMS") Virtual Hollywood event.
Description:
Outlining conspiracy to pay over $1 billion in bribes to Malaysian and Abu Dhabi officials to highlight Foreign Corrupt Practices Act risks and underscore ongoing tensions between business lines and compliance • Analyzing the cases for criminal conspiracy to launder money of Goldman officials Tim Leissner and Roger Ng to highlight l risks involving personal liability for AML violations • Detailing how Goldman relationship with fugitive Jho Low facilitated misappropriation of 1MDB funds to mitigate risks involving inadequate oversight of high-risk clients
Moderator:
Gregg Fields, CAMS, Content Analyst, ACAMS
Panelists:
Don Fort, Director of Investigations, Kostelanetz & Fink, LLP Dennis M. Lormel, CAMS, President and Chief Executive Officer, DML Associates Clare Rewcastle Brown, Editor, Sarawak Report Click here for more information and to register.
