# The Financial Planning Industry And What To Do If You Suspect Criminal Activity **URL:** \ **Category:** Factual Questions\ **Created:** [September 7, 2017, 4:18pm UTC](https://boards.straightdope.com/t/the-financial-planning-industry-and-what-to-do-if-you-suspect-criminal-activity/795738 "2017-09-07T16:18:07Z")\ **Posts on this page:** 3\ **Page:** 1
**Author:** ![HeyHomie](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/heyhomie/32/207_2.png) [@HeyHomie](https://boards.straightdope.com/u/HeyHomie)\ **Post date:** [September 7, 2017, 4:18pm UTC](https://boards.straightdope.com/t/the-financial-planning-industry-and-what-to-do-if-you-suspect-criminal-activity/795738/1 "2017-09-07T16:18:07Z")
In a TV show I watch, a financial planner juggles around several scams in order to launder money for a Mexican cartel. In a flashback episode, you see how the cartel’s money man first started trying to generate a relationship with the financial planner’s firm. About half way through the process, the planner caught on to the fact that it was all a money-laundering scheme, but for reasons not relevant to this thread, he agreed to proceed. In real life, what resources are available to a financial planner if he suspects shenanigans in one of his clients? Does the SEC have a hotline? Also, is there a good way to get rid of a Mexican cartel when they’re all up in your shit? EDITED TO ADD: Reported for forum change. ---
**Author:** ![dalej42](https://avatars.discourse-cdn.com/v4/letter/d/67e7ee/32.png) [@dalej42](https://boards.straightdope.com/u/dalej42)\ **Post date:** [September 7, 2017, 5:36pm UTC](https://boards.straightdope.com/t/the-financial-planning-industry-and-what-to-do-if-you-suspect-criminal-activity/795738/2 "2017-09-07T17:36:50Z")
Every firm has an AML compliance officer, they would notify them. > **[What does an anti-money laundering officer do?](https://www.quora.com/What-does-an-anti-money-laundering-officer-do)** > > Answer (1 of 7): For any Financial Institution across globe, Anti Money Laundering Officer is one of the key individuals whose presence and inputs are extremely important to monitor and stop fraudulent activities. AML officer's role depends on the... ---
**Author:** ![Hoopy\_Frood](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/hoopy_frood/32/8452_2.png) [@Hoopy\_Frood](https://boards.straightdope.com/u/Hoopy_Frood)\ **Post date:** [September 7, 2017, 7:20pm UTC](https://boards.straightdope.com/t/the-financial-planning-industry-and-what-to-do-if-you-suspect-criminal-activity/795738/3 "2017-09-07T19:20:36Z")
Need answer fast?