Lessons on Fraud Prevention from Sam Bankman-Fried's Crypto WEBINAR
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.
Highlights
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
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.
Notice
None.
Leader(s):
Leader Bios
Justin Paperny, Prison Professors
Justin Paperny graduated from the University of Southern California in 1997. Then he built his career as a successful stockbroker. His practice at notable firms—that included Merrill Lynch, Bear Stearns, and UBS—specialized in representing professional athletes and hedge funds. Some bad decisions led Justin into problems with the criminal justice system, including a felony conviction for violating securities laws. A federal judge sentenced Justin to serve an 18-month prison term. In federal prison, he grew determined to make amends, not through talk, but through daily, incremental action. Believing others could benefit from his experience, he began documenting his journey through a daily blog and through his book. Justin concluded his obligation to the Federal Bureau of Prisons in 2009. Preparations that he made while serving his sentence empowered Justin to build a thriving career, despite the loss of his licenses to sell securities and real estate. While incarcerated, Justin prepared. He worked alongside Michael Santos to develop lessons that others can use to prepare for success through struggle. As a result of preparations that Justin Paperny made in prison, income opportunities opened for him upon his release. He lectured in universities across the United States. Justin became a nationally recognized public speaker for corporate America. He did work with the Federal Bureau of Investigation, including lecturing at The FBI Academy in Quantico, VA. Justin has guided countless others who were about to embark upon their own journey through the challenges that accompany criminal charges. Justin’s story has been featured on many national news stations and a 60 minute television show.
Non-Member Price $109.00
Member Price $89.00