Subscribe to FDD

Testimonies by John Cassara

November 2017

S. 1241: Modernizing AML Laws to Combat Money Laundering and Terrorist Financing

Financial crimes and abusive tax evasion contribute to the deterioration of social compacts. Worldwide, distrust in the privileged class has seemingly reached epidemic proportions, coupled with (if not driven by) a corresponding absence of “accountability.” Corruption is the great facilitator and is also fueled by tainted money.

July 2017

Managing Terrorism Financing Risk in Remittances and Money Transfers

“Without money, there is no terrorism.”  This simple truism was recognized early on.  A few days after the deadliest terrorist attack in U.S. history, President George W. Bush stated, “Money is the lifeblood of terrorist operations. Today we are asking the world to stop payment.” 

June 2016

The Next Terrorist Financiers: Stopping Them before They Start

The focus of today’s hearing is to summarize findings but also identify emerging terrorism financing threats so that we can act to mitigate coming dangers.

February 2016

Trading with the Enemy: Trade-Based Money Laundering is the Growth Industry in Terror Finance

Chairman Fitzpatrick, Ranking Member Lynch and members of the Task Force to Investigate Terrorism Financing, thank you for the opportunity to testify today.  It is an honor for me to be here.