It is an honor to share the stage with Venus Williams during Tipalti's First Annual Finance User Conference, Illuminate. I'll be sharing insights about recent trends in the fight against financial crime, money laundering, the corrupting of governments by the underworld, and how each and every professional in the anti-money laundering compliance field makes a difference in our battle against crime.
Within my circle of colleagues in the anti-money laundering field, I was asked whether I thought I could launder $1 million, if it was delivered to me tomorrow in hard cold cash. Although I would never do that, unless I was back working undercover for "the good guys", the bad guys can launder $1 million with the snap of a finger. Here's a link to my article about how a $1 million in blood stained money on the streets of U.S. cities gets laundered every day with little or no chance of ever being detected by "the good guys". We have to get creative and focused. Putting money launderers away for decades is the secret to choking the corruption quickly growing around the world, undermining democracies and the will of good people:
Dev Odedra, a very dedicated AML professional, posed a great question to his followers in a recent LinkedIn post. "With $1 million in cash tomorrow morning, would you be able to launder it and get away with it?" It's a great question.
I'm looking forward to presenting with other keynote speakers, including New York Yankees legend Derek Jeter, at the Nice-Actimize "engageLIVE" event on June 9 & 10, 2021. I'll share insights about my undercover journeys as a launderer for some of the world's biggest criminal organizations.
During the sentencing of former Honduran Congressman Antonio "Tony" Hernandez, Assistant U.S. Attorney Matthew Laroche and U.S. District Court Judge Kevin Castel proclaimed that Juan Orlando Hernandez, the current President of Honduras, was a co-conspirator with his brother, "Tony", in a massive drug conspiracy. In a word, they defined the President as corrupt. They accused him of being the leader of a narco-state that endangers countless U.S. and Honduran Citizens. Read about it in my latest article published by the Tampa Bay Times:
Tony Hernandez was central to a huge cocaine-trafficking syndicate that sent 200 tons of cocaine to the U.S., plunged Honduras into a narco-state, impoverished its people and contributed to the exodus of its citizens to the U.S. border.
LIFE IN PRISON + 30 YEARS FOR BROTHER OF HONDURAN PRESIDENT
Today, during a 2-hour hearing, U.S. District Court Judge P. Kevin Castel rendered his sentence on Juan Antonio "Tony" Hernandez, brother of Honduran President Juan Orlando Hernandez. Just before revealing his decision, Judge Castel said, "Based on Juan Antonio Hernandez' free choice to engage in a life of trafficking over a 12-year period, which effected the lives and the people of the United States and in Honduras, a sentence of life imprisonment is richly deserved." He then sentenced Hernandez to life in prison on Count 1, a consecutive 30 year prison term on Count 2, A second concurrent life sentence on Count 3, and a concurrent 5 year sentence on Count 4. In effect, this means life in prison, plus 30 years. He also ordered that Hernandez forfeit $138.5 million, the amount he is calculated to have earned from his 12 years of drug trafficking.
During a lengthy presentation made by Assistant U.S. Attorney Matthew Laroche, emphasis was made on behalf of the government that "Tony" Hernandez' partners in crime included none other than his brother, Juan Orlando Hernandez, the sitting President of Honduras.
By the end of the week, I'll report significant details about what was said by the Judge, the prosecutor, "Tony" Hernandez' counsel, and "Tony" himself, who spoke at length at his sentencing. The people of Honduras should have hope that the bright lights being cast by America on their unfortunate plight will awaken the world to the horror they live every day. We will not turn a blind eye.