Title 31: Introduction
All casino employees who engage in monetary transactions or accounting functions, dealers, croupiers, slot attendants, pit bosses, and slot supervisors
Casinos are famously vulnerable to financial crimes due to the inherent cash nature of their business. This course provides an overview of the types of criminal activities that can take place in the gaming industry, such as money laundering by drug traffickers, organized crime, and movement of money for terrorist financing. You will learn about the federal law, Title 31 of the United States Code, that enables casinos and investigative agencies to combat money laundering, taking a look at cases in which money laundering was suspected in the casino environment and subsequently stopped by law enforcement. The requirements of Title 31 are fully explained along with how to identify suspicious activity and record transactions that don’t fit the profile of legitimate gaming. Forms used in reporting such as SAR and CTR are described in detail, including how to file them. An overview of FinCEN, the collection point for information related to financial crimes, is given and the effects of The USA PATRIOT Act on Title 31 are also explained fully. The course concludes with a summary of the roles played by a range of casino employees in providing valuable information when it comes to solving crimes.
This course was developed with subject matter support provided by the Labor & Employment Law Group of the law firm of Baker, Donelson, Bearman, Caldwell & Berkowitz, PC. Please note, however, that the course materials and content are for informational purposes only and do not constitute legal advice. Nothing herein, or in the course materials, shall be construed as professional advice as to any particular situation or constitute a legal opinion with respect to compliance with any federal, state, or local laws. Transmission of the information is not intended to create, and receipt does not constitute, an attorney-client relationship. Readers should not act upon this information without seeking professional counsel. The information contained herein is provided only as general information that may or may not reflect the most current legal developments. This information is not provided in the course of an attorney-client relationship and is not intended to constitute legal advice or to substitute for obtaining legal advice from an attorney licensed in your state.
Introduction to Title 31