Commentary That Matters – Ep 12 – Calvin Chrustie – Where is the Logic

Where is the logic in the strategy to combat money laundering? When I listen to expert panels on money laundering, when I review government reports, when I attend expert Anti-Money Laundering panels facilitated by NGOs and Money Laundering Experts, I…

Commentary That Matters - Ep 12 - Calvin Chrustie - Where is the Logic

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Where is the logic in the strategy to combat money laundering?

When I listen to expert panels on money laundering, when I review government reports, when I attend expert Anti-Money Laundering panels facilitated by NGOs and Money Laundering Experts, I ask myself where is your LOGIC?

When I see a hyper focus on money laundering and nothing but dismissal of Transnational Organized Crime threats, I ask that question again.

After spending the last several decades reviewing, analysing and combatting criminal networks and being intimately involved in cartel operations in Canada, including the infamous Chapo Guzman network, as well as fending off Chinese and Middle Eastern networks, the same question always comes to mind.

Where is the logic in the response to money laundering threats?
Both in the public and private sectors?

Allow me to introduce a few key considerations.

First the issues of Money Laundering cannot be separated from the activities and the context of transnational organized crime.

It’s like ‘water is to wet’, in essence they are the same thing.

Second – it’s a wicked problem. Not A problem, it’s a WICKED PROBLEM.

It’s complex and has multidimensional factors. It’s layered politically, economically, socially, legally and historically.

Then, there is security complexity. Money Laundering is fluid, it’s dynamic and unpredictable.

Third, Wicked Problems need wicked solutions.

And while it may sound simple, the known approach is The Logic Model.

A model with five key components.

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