Dennis Lormel is a recognized subject matter expert on anti-money laundering, terrorist financing, and fraud. Denis has 38 years of experience in the field and is considered a specialist in financial crimes, enhanced due diligence, FCPA, corporate and mortgage fraud, forensic accounting, AML, BSA, terrorist financing, asset recovery, and Sarbanes Oxley.
After the September 11, 2001 terrorist attacks in the United States, Mr. Lormel realized that the terrorists needed a financial infrastructure to accomplish the attacks. He immediately established an investigative organization within the Federal Bureau of Investigation that, within days, identified the funding stream that supported these attacks. These efforts evolved into the Terrorist Financing Operations Section of the FBI. This multi-agency entity has attained international recognition as one of the world’s elite operations for tracking, investigating, and disrupting terrorist-related financial activity. Dennis’s lead and establishment of a world renown investigative unit is but one example of his expertise in assessing and establishing viable and effective recommendations that produce results.
In addition to Dennis’s distinguished 28 year career at the FBI, including as chief of its Financial Crimes Section and as a special agent, he has consistently delivered high quality consulting services to clients since 2004. Dennis’s combination of law enforcement and financial services experience provides a comprehensive perspective on the issues that face individuals and corporate entities in today’s complex world. Understanding the nexus between fraud and money laundering, especially on the heels of the financial crisis, allows Dennis to provide more comprehensive guidance to clients.
Dennis has received numerous commendations and awards, including the Department of Justice, Criminal Division’s Award for Investigative Initiative and the CIA’s George H. W. Bush Award for Excellence in Counterterrorism. He was also an advisor to the Congressional Anti-Terrorist Financing Task Force and served as a contributing expert to The Counterterrorism Blog.