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)
Click here for more information.