💸 How a Nonprofit Bought a Rose-Gold Golf Cart – and Got Away With It

🔥 PODCAST DROP!

Check out the latest episode of FinCrime Unfiltered with Sarah Beth Felix!

$74M Laundering at Community Banks. A Luxury Golf Cart Bought by a Nonprofit. And More…

👉 Watch on YouTube | Listen on Spotify / Apple

Real cases. Clear red flags. Immediate takeaways.

In partnership with:

🔍 Inside the episode:

• Construction companies + shell entities = unlicensed MSB risk
$74M in illicit flows across 11 banks — enabled by weak monitoring of EINs, signers, and inter-company transfers.

• Nonprofit fraud made simple: search for 'Fendi'
A nonprofit COO used donor funds to buy luxury items — including a rose-gold golf cart. Sarah Beth shares how to build keyword detection into your AML system.

• Why most institutions misuse 314(b) — or skip it entirely
Voluntary info sharing is a strategic weapon. Not using it? You’re working blind.

• A new FDIC consent order offers a blueprint
Sarah Beth unpacks what the regulators are really looking for — custom training, risk tied to threats, and a rethink of your OFAC setup.

If you work in AML, compliance, intelligence, or fintech, this episode is a tactical briefing — grounded in real cases, with direct implications for your institution.

👉 Watch on YouTube | Listen on Spotify / Apple

Comments? Questions? Email us at [email protected]

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