Lecture 1 - Historic And New Cases Flashcards
What is the fundamental principle of money laundering investigations?
The calculation of funds of unknown source; finding the legitimate income and comparing it to the lifestyle and spending that has occurred
Whose baby was kidnapped in 1932?
Charles Lindbergh
What did police do with the Lindbergh ransom money to trace it?
Police added gold certificates, and recorded the serial number of every bill
How did the suspect use the ransom money in the Lindbergh case?
Initially spent the bills slowly in a small area of New York, then spent a few of the gold certificates in early 1933, but from 1st May 1933, gold certificates were illegal to own, at which point the suspect still had most of the gold certificates.
How was the Lindbergh suspect caught?
They spent a gold certificate after they were banned on 15th September 1934 at a petrol station. The registration of the car was traced to Bruno Hauptmann.
What was Hauptmann’s defence for having a $20 gold certificate and $14,600 of ransom money?
He claimed the monies had been given to him by another man, who turned out to be dead and was very poor.
Who was Eric Marques?
He ran Freedom Hosting from a server in his apartment. On arrest, his server was locked. Took a week to find his Bitcoin wallet that had been emptied on the day of his arrest. The FBI labelled him the “biggest facilitator of CSAM”.
Who was Gary Davis?
He was the administrator on the first Silk Road as Libertas. He ran the second Silk Road
Who were Richard O’Connor and Neil Mannion?
Ran a drugs marketplace from a business premise in Dublin. The password and Bitcoin were seized and placed into a multi-signature wallet by police.
What is a SIM Swap scam?
A criminal finds the victim’s phone number, goes to the victim service provider, and claims they lost their SIM. Provider blocks the current SIM and issues a new one, allowing the criminal to use it to intercept 2FA codes.
What is a Port Out scam?
Criminal obtains the victim’s phone number, then uses a contact working at the victim service provider to port the number out to another provider.
What is Locard’s Exchange Principle?
The perpetrator of a crime will bring something into the crime scene and leave with something from it; both can be used as forensic evidence.
This holds true for the digital age, for example, with log files, web history, etc.
