This hearing was called by the Committee on Financial Services of the  U.S. House of Representatives and focused on illicit financial flows and the key role of the banking industry in combating human trafficking.

This hearing examines how financial institution’s monitor, review, and verify depository relations with a payment processor. In particular, the Subcommittee seeks to better understand potential problems and long-term challenges that exist, including examples of how human traffickers avoid detection.

Witness List

• The Honorable Cyrus R. Vance Jr., District Attorney, New York County, District Attorney’s Office
• Dr. Louise I. Shelley, Founder and Director, Terrorism, Transnational Crime and Corruption Center, George Mason University (TTF)
• Ms. Tina Frundt, Founder and Director, Courtney’s House (TTF)
• Mr. Bassem Banafa, Financial Forensics Consultant, Bassem Banafa, LLC (TTF)