Forum discussions – 25 percent
Each week, a discussion question is provided and posts should reflect an assimilation of the readings. Students are required to provide a substantive initial post of 350 words by Thursday at 11:55 pm ET and respond to 2 or more classmates with 150 words by Sunday 11:55 pm ET. Forum posts are graded on timeliness, relevance, knowledge of the weekly readings, and the quality of original ideas.
Assignment 1 The Hawala Remittance System - 25 percent
Describe, design and illustrate a Hawala transfer. Students are to demonstrate that they have a clear understanding of the origin, history, and logistical details of the Hawala remittance system. The concepts presented have to be consistent with real time applications and feasible within the parameters of the materials presented in the class. Students will demonstrate a necessary scope of fluidity with the design
Assignment 2 - The Global Economy and Illicit Finance - 25 percent
Assignment 2 – Describe, design and illustrate the process of funds gained through illicit finance and how they are a part of the global economy. Students are to graphically depict the current international controls that are in place to regulate illicit financial flows. An emphasis will be placed on depicting emerging markets and developing countries with a demonstration of local, regional, global impacts. Students will be encouraged to look for gaps in money that is laundered through corruption, criminal acts and commercial fraud. The overarching goal is to demonstrate the impact of illicit funds on the global market and to represent the complexity of the financial side of dark networks in a globalized economy.
Money Laundering Case Scenario – 25 percent
Case Scenario: Money Laundering. Students are to graphically depict a fictional case scenario where illicit funds are 'laundered' and then reintegrated into the licit economy. An emphasis will be placed on variables that accurately depict principle areas of laundering funds to include placement, layering, and integration. The overarching goal is to demonstrate the process of laundering illicit funds based on current research and scenarios to represent the complexity of the financial side of dark networks in a globalized economy.