How financial institutions can help detect human trafficking

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February 26, 2018

Earn one CAMS credit with free March 20 webinar featuring survivor Timea E. Nagy

BROOKFIELD, Wis. — Billions of transactions per day are managed by financial institutions. Yet it’s the unique transactions surrounding some customers’ accounts that could help financial services professionals serve as a key deterrent against human trafficking.

Timea E. Nagy

Timea E. Nagy

OnCourse Learning will host the free nationally-accredited webinar “How Financial Institutions Serve as Frontline Defense in Human Trafficking Detection” at noon (ET) March 20 featuring human trafficking survivor, author and social advocate Timea E. Nagy. She has trained professionals in more than 1,500 banks and financial institutions throughout North America, along with thousands of law enforcement officers.

“Timea’s story is incredibly powerful and serves as an inspiration for other survivors,” said OnCourse Learning’s Vice President of Governance, Risk & Compliance, Jeff Kelly. “It provides valuable lessons for financial services professionals on how vigilance can help break the cycle of human trafficking.”

The webinar, which will provide actionable tips for human trafficking detection in financial institutions, is accredited by the Association of Certified Anti-Money Laundering Specialists and designed for professionals interested in compliance training, AML training and AML certification.

Attendees for the live event will receive one CAMS credit toward their continuing education requirement. The webinar will be recorded and made available, but CAMS credit will only apply to those attending live on March 20.

Survivor’s story

Nagy emigrated to Canada from Hungary in 1998. She was seeking employment as a nanny in Toronto. The people posing as potential employers turned out to be human traffickers, who held her captive for three months and forced her to work in the sex industry before she escaped.

Nagy will share her first-hand experience from a survivor’s point of view. She also will discuss:

  • Detection strategies through financial institutions and other red flags.
  • How to identify various types of human trafficking and the related impact on victims.
  • Steps to successfully manage or report a potential human trafficking incident.

“Human trafficking is the third-largest criminal enterprise in the world and generates an estimated $150 billion a year in profits,” Nagy said. “There are 45.8 million people worldwide who are victims of this slavery today. We all have a role to play to eradicate this horrible crime in our lifetime.”

Detection tips

Following red flags of financial transactions can provide key evidence to this problem. The biggest giveaway, Nagy said, is a person having no money in a bank account at the end of each day.

Transactions also can place the victim and trafficker in the same area and prove signs of a person being trafficked. Key lifestyle issues pointing to this crime include:

  • Rarely spending money on food.
  • Not traveling with any money despite having a job.
  • Someone else carrying their identification.
  • Not knowing the area they live and work in every day.
  • Being unsure of a current address.

“When you find out where the money comes from, you find the victim,” she said. “When you find out where the money goes, you find your trafficker.”

To reserve a spot for the live event, visit our webinar sign-up page.

OnCourse Learning Financial Services is a leading provider of governance, risk and compliance training for the bank, mortgage, credit union, gaming and nonbank financial services industries. It offers a comprehensive course catalog complemented by its sophisticated learning management system. To learn more, please contact 866-512-9888, visit or follow us on Facebook and Twitter.

For media inquiries, contact:
Barry Bottino, Communications Director

About OnCourse Learning

OnCourse Learning delivers licensure, regulatory and compliance education solutions throughout the nation’s leading industries including financial services, healthcare and real estate. Through trusted industry expertise, compliance management and technology solutions, OnCourse Learning focuses on advancing the e-learning environment for individuals and businesses to help to build new careers, empower employees through knowledge and identify efficiencies in corporate training management. OnCourse Learning offers a full suite of educational products including state and federally approved prelicensing and continuing education programs, accredited course content, exam prep tools, publications, e-books, events and a sophisticated and customizable learning management system and course-authoring tool. To learn more, visit