Similar to any business operation, organized retail crime (ORC) networks operate to make money. A key difference however is that they must innovate to move and hide that money as much as possible. What was once considered a “street crime” operating solely with cash on the street, ORC has evolved to the world of e-commerce and cryptocurrency. Finding and following the trails of money as it flows through legal and illegal channels is critical to identify the network, build the case, and ultimately dismantle the ORC operation.
In this podcast, LPM’s Kevin McMenimen looks outside the retail business at financial institutions with Homeland Security Investigations (HSI) Investigator Tom Welch and the Association of Certified Anti-Money Laundering Specialists (ACAMS) Senior Director Lauren Kohr and Project Coordinator and Researcher Tiffany Polyak.
This discussion was originally a part of LPM’s Follow the Money Webinar, which you can find the full version of here.
Listen to the podcast in the player above or download it form your favorite podcast platform. You can also watch the video version of the podcast below.