Guiding casino professionals in a complex world

Paul Camacho

VP of Casino Compliance Yaamava Casino and Resort

Paul Camacho is the Vice President of Compliance for Yaamava Resort and Casino. He previously served as the Vice President of Anti-Money Laundering (AML) Compliance for Station Casinos.

Paul has advised the U.S. Department of Justice, Federal Bureau of Investigation, Internal Revenue Service, the Department of Homeland Security and California Department of Justice on money laundering matters. He has been recognized by the leading AML trade journal ACAMS Today for his contributions to the AML profession.

Prior to joining Station Casinos, Paul retired as IRS Criminal Investigator (CI) Special Agent in Charge of the Las Vegas field office. He is the recipient of the highest honor given to IRS CI agents, the Elmer Lincoln Irey Distinguished Service Award. His efforts combating the sex trade industry have been featured on the TV show American Greed.

Since 2014, Paul has served as a member of the Board of Directors for the Mob Museum. His passion for undercovering the history of following the money to combat organized crime has led to the discovery of several significantly historical documents and objects that are now on display at the Mob Museum.

SESSION DESCRIPTION
How to Make Your Casino Launderproof
A lot of conferences and seminars cover the topic of money laundering by talking about AML compliance and business reporting obligations. In this presentation we fly our helicopter onto the casino floor and show you the “Top 5” methods used by criminals to launder money in casinos and then ascend to discuss current practices in casinos, our weaknesses and how we can make our casinos launderproof.

Topics covered in this session include:

  • Are current casino practices and internal controls adequate?
  • Best practices for prevention/deterrence of money laundering in a casino
  • Know your customer (KYC). Anonymity is a criminal’s best weapon.
  • Going cashless: no money, no problems?
VP of Casino Compliance Yaamava Casino and Resort