LAW-9118 Lawyers, Guns (runners), and Money (laundering)
In this one-credit course, we will explore money laundering crimes as they intersect with illegal - and legal -- offshore banking and banking secrecy laws. This will involve a look at the U.S. money laundering statute and the Banking Secrecy Act, the Restatement (Third) of Foreign Relations Law, and recent revelations from the Pandora Papers regarding international offshore accounts. Also, time allowing, we will look at banking scandals like BCCI, UBI, and the current Deutsche Bank issues.