The Importance of Reporting Activity in the Black Market Economy

We often think financial crime is victimless. Something that affects big banks. And is mainly about losing money.

Or is it? What if we told you that everyday fraud adds up to something much bigger and darker? That behind every transaction, there’s a huge societal and human cost? 

Financial crime is on the rise. And thanks to the internet, the scale of the problem is staggering. It will take a network to beat this network, but clearly, it’s a fight worth fighting. 

Episode 50 sees us speaking to some exceptional guests in the financial sector who have fought to mitigate financial crime in business throughout their professional careers.

Tune in to find out:

• What financial crime actually is – and what drives it
• Real-life cases Rob and David worked on, from drug running to human trafficking
• The role technology can play in addressing the scale of the issue
• Whether thinking like a criminal could be part of the solution…

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Guests: David Fein, Special Counsel in the Litigation Department at Paul Weiss, Dr. Kelly Richmond Pope, Associate Professor in the School of Accountancy and MIS at DePaul University in Chicago, and Sir Rob Wainright, senior partner at Deloitte North and South Europe.

Hosts: Ethan Worth and Tiffany De Koninck Technical support: Deloitte Creative Studio Original music: Ali Barrett