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From the Editor: Compliance Pitfalls for Banks Professionals to Grow, Says Ex-NY Chief Investigator
printAmong the toasts at Adam Kaufmann's "retirement" party last week was one by a speaker who credited him with turning a bounced check into more than a billion dollars in penalties that have been shared by the city and state of New York over the past four years. The toast, one of many tributes to Kaufmann's 18 years with the Office of the District Attorney of New York (DANY), most recently as chief of investigations, was a bit hyperbolic. As Kaufmann notes, it was actually a wire transaction that provided a thread for an investigation that ultimately led to deferred...
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