Lessons on Fraud Prevention from Sam Bankman-Fried's Crypto

Overview

This course chronicles the decisions that led to the arrest of Sam Bankman-Fried (SBF), and helps participants understand the consequences that will follow for people charged with business-related crimes. Authorities arrested SBF pursuant to a grand jury indictment that charged him with wire fraud, securities fraud, money laundering, and related conspiracy charges. This lesson chronicles how the former billionaire’s business decisions exposed him to criminal charges that include potential penalties of more than 100 years in federal prison for his alleged role in defrauding investors who trusted in his ability to make ethical decisions. Participants will learn about the criminal justice process, including indictments, arrest, extradition, judicial proceedings, mitigation, sentencing, prison, and collateral consequences. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

Major topics covered in this course include:

• What starts a government investigation for white-collar crime?
• What is an indictment?
• What is extradition?
• What are pre-trial proceedings?
• What is a mitigation strategy?
• What is a plea agreement?
• What is discovery in a criminal case?
• What factors influence a sentence in a white-collar crime?
• What collateral consequences follow for people convicted of business-related crime?

Prerequisites

None

Designed For

Financial services professionals should attend this conference to get ideas on how to create training strategies that will lower risk levels for investigations of white-collar financial crimes.

Objectives

After attending this presentation, you will be able to...

• Identify how white-collar crime investigations begin
• Recall terminology associated with criminal justice proceedings
• Recognize the relationship between a criminal charge and a conviction
• Recognize how judges identify appropriate sentences for business-related crimes

Preparation

None