Skip to main content
Add Me To Your Mailing List
HomeFoundations of Threat Financing and Illicit Networks

Date: Monday, December 12, 2016


Time: 8:00 AM – 12:30 PM (Training starts promptly at 8:30), breakfast will be served


Location: KPMG, 1801 K St NW, Washington, DC 20036 (training rooms 1006, 1007, 1008)


Speaker: Michael J. Loughnane, CFE, Loughnane Associates, LLC


Subject: The Foundations of Threat Finance and Illicit Networks


Specializing in counterthreat finance and anti-money laundering investigation and analysis, Mike has trained well over three thousand students throughout Federal law enforcement and the U.S. intelligence communities about the business process of illicit finance, tools and techniques that criminal organizations and terrorists around the world require to operate.


His students have learned how illicit networks are built to operate “under the radar” and employ processes that appear legitimate in operation. Students also employ critical thinking to understand that while “red flags” will certainly have value, the terrorist and criminals are also aware of these flags and will develop their own countermeasures.


In this session, Mike will be discussing the critical components necessary for transnational criminal organizations, terrorist organizations, and illicit networks in general to operate and thrive. The training will provide an overview of the key elements for analysis in funding for terrorist organizations but also applies to illicit networks in general. In this program of training participants will:


  • Gain an understanding of the definition of Threat Finance and its key elements
  • Learn the business processes that typically support illicit networks and the tools they use
  • Gain an understanding of U.S. and International legal and regulatory support, including the Bank Secrecy Act, the Financial Action Task Force, the Egmont Group, and other sanctions and key designations
  • Learn techniques to address the challenges of anti-money laundering investigations


About the Instructor:


Michael Loughnane has over 37 years’ experience as a fraud investigator, computer forensic analyst, IT security professional, and trainer in money laundering/threat finance detection and analysis. Mike recently started his own small business to provide training and consulting to support organizations seeking to improve the quality of their counterthreat finance and anti-money laundering capabilities.


Mike served for 27 years as a Special Agent at the Offices of Inspector General for the U.S. Department of Transportation and the Environmental Protection Agency, where he specialized in the investigation of a variety of highly complex fraud cases. Later in his career he led efforts to increase the computer forensic laboratory capability at the U.S. Environmental Protection Agency OIG, where he conducted and oversaw computer forensic analysis in support of investigations and cyber investigations. Mike retired in 2007 as Director of Special Operations after undertaking a number of additional roles, including the oversight of employee integrity cases involving senior EPA officials.


Following his retirement in 2007, Mike joined Booz Allen Hamilton; in 2010 he joined a contract team at the Defense Intelligence Agency where he redesigned and delivered training programs in counterthreat finance at the Academy for Defense Intelligence, Joint Military Intelligence Training Center. Today these courses are required training for achieving additional skill identifiers by National Guard members and various U.S. military branches, as well are being required by many federal law enforcement and regulatory agencies throughout the U.S. government. Currently, this program of training is a foundation to the development of a Certified Threat Finance Analyst designation for civilians at the Department of Defense.


Today Mike develops and designs training for financial institutions, money services businesses and other government regulated entities, including state and local law enforcement. As a subject matter expert, public speaker, and consultant he assists clients in data analysis, reporting, and presentation skills. He has been a speaker at the International Association of Law Enforcement and Intelligence Analysts, Association of Certified Anti-Money Laundering Specialists, and High Intensity Drug Trafficking Area Task Forces in the DC and New York area, and other parts of the country.


Mike is looking forward to having time to restart production of his podcast, "AML-CTF Today," available on Archived podcasts episodes can also be found there.


Who Should Attend?

  • Certified Fraud Examiners and other anti-fraud specialists
  • Special investigation unit personnel
  • Forensic Accountants, auditors and analysts
  • Internal and independent auditors
  • Criminal investigators from the local, state and federal agencies
  • Lawyers, prosecutors and other professionals

Session Details

Field of Study: Specialized Knowledge [Fraud-Related]


CPE Credits: 4 Specialized Knowledge


Delivery Method: Group Live


Pre-Requisites: None


Advanced Preparation: No advanced preparation is needed for this course


Cancellation Policy: If this course must be cancelled, all registrants will receive an email indicating the course was cancelled and providing a rescheduled training date.


Complaint Resolution Policy: All participants are encouraged to submit an evaluation of the course to receive CPE credit. Any course issues should be address in the evaluation and/or directed to the DC-ACFE prior to the end of the course.


Contact Information: Contact the chapter at


Materials Needed: None. Course materials will be provided prior to the course date, if applicable.

The Washington D.C. Chapter of the Association of Certified Fraud Examiners is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web}

Speaker Presentation

© Association of Certified Fraud Examiners, All rights reserved.
Links to