March 10: Combating Multifamily Real Estate Financial Crimes and Fraud

In these uncertain times, combating real estate financial crimes and fraud is more important than ever. Join leading experts from across the industry for this important training on multifamily real estate financial crimes. During this training, you will learn about the elements of mortgage fraud, money laundering and the restrictions under economic and trade sanctions.

Attendees will also discuss the growing problem of cyber fraud, including phishing, spoofing and electronic payment fraud. Experts will discuss the federal landscape, including the Office of Foreign Assets Control, the Financial Crimes Enforcement Unit, the Bank Secrecy Act and the Patriot Act. You will also review the five pillars of the anti-money laundering program and learn to spot suspicious red flags and more.

Thursday, March 10, 2:00 PM – 3:30 PM ET

Objectives:

Learn the elements of commercial real estate financial crimes, including mortgage fraud and money laundering, and the restrictions under economic and trade sanctions

Review cyber fraud issues such as phishing, spoofing and electronic payment fraud

Discuss the federal landscape, including the Office of Foreign Assets Control, Financial Crimes Enforcement Unit, Bank Secrecy Act, and others

Review the five pillars of anti-money laundering programs

Review suspicious red flags, including rent roll inconsistencies, staged units, and empty units with active leases

Who Should Attend?

Bank and non-bank lenders and servicers

Compliance Professionals

Legal Counsel

Risk Officers

Finance and Accounting professionals

Speakers

Brian Borawski, Admin. Vice President, Senior BSA Compliance Manager, M&T Bank

Patrick Caughey, Director of Compliance, PGIM Real Estate Finance

Michael Kenney, Vice President Operational Risk, Freddie Mac

Nikhil Gore, Partner, Covington & Burling

Bruce Oliver, Associate Vice President, CREF Policy, MBA (moderator)

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