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Record W236570179

Fraud Looms Large on BSA Menu: Experts Offer Suggestions on How to Make Better Use of the Overlap between the Two Disciplines

2009· article· en· W236570179 on OpenAlex
Steve Cocheo

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

aboutThe title or abstract carries a Canadian signal from the geographic lexicon.
no affNo Canadian affiliation: this work is invisible to an affiliation-only frame.
No Canadian affiliation. An affiliation-only frame, the usual design, would never have seen this work. It is one of the works that make the case for inverting the frame.

Bibliographic record

VenueABA banking journal · 2009
Typearticle
Languageen
FieldSocial Sciences
TopicCrime, Illicit Activities, and Governance
Canadian institutionsnot available
Fundersnot available
KeywordsMoney launderingLaw enforcementBusinessChinaEnforcementHomeland securityCashAdvertisingLawFinancePolitical scienceTerrorism
DOInot available

Abstract

fetched live from OpenAlex

[ILLUSTRATION OMITTED] Somewhere between the moo goo gai pan the General Tso's chicken, dirty business was going on behind the scenes at a string of Chinese food buffets in the New York metro area. story behind that discovery is one of four vignettes drawn from the 2009 Laundering Enforcement Conference, held in mid October, sponsored by ABA the American Bar Association. What they share: increasing confluence of money laundering fraud activity. Chinese, with a side of Mexican Bank Secrecy Act compliance once revolved around the effort to fight narcotics trafficking, but there's a host of other illicit activities generating funds that have to be laundered. buffet case is one example. Money is coming from a diverse range of crimes, federal agent Marcy Forman told bankers. Forman, director of intellectual property at ICE (U.S. Immigration Customs Enforcement, Department of Homeland Security), formerly director of ICE's Office of Investigations, told bankers the story of Operation Goldenwire. Forman said a pair of owner/operators of a string of Chinese buffet restaurants were engaged in human trafficking. Alien laborers from China Mexico were smuggled into the country to work at below-minimum-wage jobs in the restaurants. Their lodgings, livelihoods, transportation, daily movement were all controlled and/or owned by those who had brought them into the country illegally. The buffets are a big cash business, Forman said, which gave the owners the opportunity to set up nominee accounts for the workers other mechanisms to hide their gains from the human trafficking activities. In the end, the pair were brought to justice. They received 18-month prison sentences. At bottom, this case is one where money laundering was performed to cover up fraudulent acts. From Africa, with deceit What banker hasn't heard of the longstanding, Nigerian scam? This scam typically takes the form of an e-mail, these days, sent on behalf of an alleged party with money who, for a variety of reasons, can't get it out of the country he or she is in without an outsider's help. [ILLUSTRATION OMITTED] There is a play for sympathy, with the promise that if the recipient will help, they will not only be doing a good deed, but be awarded a significant amount of money. Along the way, the fraudsters wind up asking for cash, account numbers, or other information that enables them to fleece the victim. Douglas Left, unit chief at the Financial Crimes Section of the FBI Asset Forfeiture Laundering Unit, noted that bankers have wondered how a scam that's been publicly punctured exposed over over in the media can still keep working. Yet people still believe it, said Left, and they fall for it every day. Left was involved in the successful solution to one such case where a ring operating out of Nigeria had hit many victims, including an elderly missionary. They had varied the story for her sake, writing of an elderly missionary of their invention who had become too ill to continue, who wanted another missionary to continue his work with his huge endowment, albeit in the United States. U.S. missionary fell for the seam, hook, line, sinker. Along the way, the fraudsters requested a meeting with her in Canada. She traveled to the meeting spot, where she was shown a bag full of currency. But it was discolored damaged. They told her that the charity working with the ailing missionary needed to pay a chemist to undo the damage with a special process. Could the American missionary please put up the necessary funds for the cleaning, temporarily? woman readily agreed, dug into savings. Not surprisingly, she was later told that the $500,000 she had put up had been used for a treatment--an unsuccessful treatment. Sensing a live one, the fraudsters told her that the chemist felt badly that his process hadn't worked, was willing to try again, for only half his price. …

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesScience and technology studies
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.260
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0010.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.046
GPT teacher head0.325
Teacher spread0.279 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it