Sassan Cyrus Parandeh, Treasurer, ChildFund International

In this session, attendees will learn how “hawalas,” an ancient fund transfer system, threaten the security blanket that the PATRIOT Act intended to provide. The speaker will explain the historical development of the methodology, the mechanics of how it operates and how it has adapted to 21st Century technology. The session is presented in a historical and story-telling format using many real-world examples and photographs collected from developing nations. It is designed to inform, educate, alarm and entertain. Join this session to hear: 

• How easily the PATRIOT Act can be circumvented from outside the U.S.
• Why the most dominant fund transfer system in the world is an ancient fund transfer system
• How any individual could create a currency or wire transfer system
• The history of ancient banking
• What can law enforcement do