Fraud and money laundering are interlinked. It has long been said that in every money laundering scheme there is a fraud. But within organisations fraud is much longer established than money laundering and didn't exactly welcome the new, and frankly far more sexy, arrival despite the obvious connections. More than a quarter of a century later, they are still sleeping in separate beds.

It should never have happened. The Old Codgers' Club look at what has happened and what kind of marriage counselling is needed to be done to fix it.

And Julia Chin, host of Chinwags, gets into trouble for using a hideous acronym.

========================================

FinCrimeTV's Chinwags is hosted by Julia Chin, Compliance Officer of HugoSave.

Julia is at https://www.linkedin.com/in/pekyee-julia-chin/

The Old Codgers' Club:

Mark R Outhwaite is a very experienced banker and compliance officer and is now an independent consultant and trainer.

Mark is at https://www.linkedin.com/in/markouthwaite/

Des Hellicar-Bowman has more than 20 years' experience at board level in banks and fintechs in financial crime risk and compliance who takes on roles as interim and consultant compliance officer and independent trainer.

Des is at https://www.linkedin.com/in/deshb/

Nigel Morris-Cotterill has been a financial crime risk and compliance strategist since 1994 and was a solicitor in London before that. He is the author of several books, papers and many articles. He is available for consultancy and strategic discussions and training assignments.

Nigel is at https://www.countermoneylaundering.com

FinCrimeTV is on YouTube at https://www.youtube.com/@FinCrimeTV888

Chinwags is on YouTube at https://www.youtube.com/playlist?list=PL8p0R8aZDyxCGVlBekGOXLxUVhU08aePH and on LinkedIn at https://www.linkedin.com/showcase/chin-wags.

Comments on this video may be published at Chinwags on LinkedIn at https://www.linkedin.com/showcase/chin-wags

-----------------
Legal: nothing in this video is intended as or may be taken as legal advice.
The content and form of this video is copyright 2023 Vortex Centrum Limited. All rights are reserved. This content IS NOT in the public domain nor is it issued under the Creative Commons or YouTube general licence. This video may not be edited or republished without the express permission of the copyright holder. If it is re-broadcast, it must be rebroadcast in its entirety and no edits or truncations may be made. This video may be broadcast within financial institutions and educational establishments for training and education purposes.

This video is published by Vortex Centrum Limited, a UK corporation. www.vortexcentrum.com.

Music:
music-for-video.com
Dmitry Taras at Pixabay
Sergei Chetvertnykh at Pixabay