MYCPE ONE

Cartels to Commerce: Drug Money in the U.S. Financial System 1.5 Credits 1.5 Credits

Jul 02, 2026, 03:00 PM EDT

Cartels to Commerce: Drug Money in the U.S. Financial System 1.5 Credits 1.5 Credits

  • Michael DeBlis

    | JD,LLM,BA

  • Rating

    5

  • Published on

    May, 2026

  • Subject Area

    Specialized Knowledge

Select your learning mode

  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate
Jul 02, 2026, 03:00 PM EDT

Access to this course is included with a MYCPE ONE subscription.

See how subscription works

Learning Objectives

  • Explain the historical development of the Black-Market Peso Exchange.
  • Identify the three stages of money laundering activities.
  • Recognize how BMPE transactions move through the financial system.
  • Identify common AML red flags and structuring indicators.
  • Understand key federal anti-money laundering statutes and enforcement concepts.
  • Analyze legal defenses and evidentiary challenges in money laundering cases.
  • Apply lessons from real-world AML case studies to legal and compliance practice.

Course Overview

Money laundering remains one of the most significant threats facing financial institutions, regulators, and law enforcement agencies worldwide. Professionals involved in compliance, investigations, and legal practice must understand how sophisticated criminal organizations move illicit funds through legitimate financial systems.

This Course provides an in-depth examination of the Black-Market Peso Exchange (BMPE), one of the most effective money-laundering systems used by international drug cartels. Participants will explore the origins of the BMPE, the mechanics of placement, layering, and integration, and how narcotics proceeds moved through the U.S. financial system. The course also examines federal anti-money laundering statutes, suspicious activity indicators, structuring schemes, and defense strategies used in complex money laundering prosecutions.

Major Topics:

  • Historical development and structure of the Black-Market Peso Exchange (BMPE)
  • Placement, layering, and integration stages of money laundering
  • BMPE transaction flow and participant roles
  • Structuring schemes, suspicious activity, and AML red flags
  • Federal money laundering statutes under 18 U.S.C. § 1956
  • Legal defenses, evidentiary standards, and white-collar case strategies

Attendees will strengthen their understanding of anti-money-laundering enforcement, financial crime investigations, evidentiary standards, and compliance risks associated with sophisticated laundering operations.

For more Money Laundering related courses, Click Here.

On Demand Credits for All Qualifications

Live Webinar Credits for All Qualifications

License details Credits Status
Specialized Knowledge for Certified Public Accountants (CPA-US) 1.5 CPE Approved
Certified Fraud Examiner (CFE) 1.5 CPE Eligible
Certified Financial Forensics (CFF) 1.5 CPD Eligible
Specialized Knowledge for Delaware Licensed Public Accountant (DE-LPA) 1.5 CPE Approved
Master Analyst In Financial Forensics (MAFF) 1.5 CPE Eligible
Specialized Knowledge for Iowa Licensed Public Accountant (IA-LPA) 1.5 CPE Approved
Specialized Knowledge for Maine Licensed Public Accountant (ME-LPA) 1.5 CPE Approved
Association of Certified Anti-Money Laundering Specialists 1.5 Credits Eligible
License details Credits Status
Specialized Knowledge for Certified Public Accountants (CPA-US) 1.5 CPE Approved
Certified Fraud Examiner (CFE) 1.5 CPE Eligible
Certified Financial Forensics (CFF) 1.5 CPD Eligible
Specialized Knowledge for Delaware Licensed Public Accountant (DE-LPA) 1.5 CPE Approved
Master Analyst In Financial Forensics (MAFF) 1.5 CPE Eligible
Specialized Knowledge for Iowa Licensed Public Accountant (IA-LPA) 1.5 CPE Approved
Specialized Knowledge for Maine Licensed Public Accountant (ME-LPA) 1.5 CPE Approved
Association of Certified Anti-Money Laundering Specialists 1.5 Credits Eligible

Additional Information

Credits

1.5

Credits

1.5

Course Level

Intermediate

Instructional Method

QAS Self Study

Group Internet Based

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Discover CPA CPE courses with MYCPE ONE, designed to make earning your credits simple and hassle-free. Our expert-led online courses cover a variety of topics tailored to your professional needs. With flexible scheduling and the freedom to learn at your own pace, we’ve reimagined continuing education for today’s busy CPA. Start your journey with us today and take the next step toward achieving your career goals!

About Instructor

Michael DeBlis

Michael DeBlis | JD,LLM,BA

Partner, DeBlis Law

  • 4.6
  • rating
  • rating
  • rating
  • rating
  • rating

Michael is a trial lawyer. He graduated Cum Laude from The Thomas M. Cooley Law School and Summa Cum Laude from the Thomas Jefferson School of Law with his Masters of Law in Taxation. Michael is known for his charismatic personality and his unyielding dedication to his clients.

Michael spent the first five years of his legal career as a public defender in the NJ Office of the Public Defender cutting his teeth on some of the most serious felony cases to pass through the state courts of New Jersey. He then joined his father's law practice, DeBlis Law, expanding the practice into civil tax controversies and international tax compliance.

As a graduate of the National Criminal Defense College, Michael has trained under some of the best-known criminal defense attorneys in the country. That experience has taught him that justice for a person accused of a crime is only won through a full understanding of the client and the case.

To that end, Michael attempts to understand each client’s case as a convincing narrative, not just as a set of innocuous facts and arcane legal rules. 

When he's not in the courtroom, you can find Michael on stage. He is a professionally-trained actor who has performed in off-Broadway productions and on-stage at Shakespeare in the Park. Michael's passionate about helping trial lawyers harness the power of persuasion and positive communication in the courtroom in order to connect to the jury on a human level.

Michael's training as an actor allows him to combine a unique blend of left-brain thinking with right brain artistry to make even the most dull and abstract areas of the law come to life. 

Michael is a prolific writer and a passionate blogger. He has written articles that have been featured in leading tax journals and "Law 360." 

Michael is a living example of the tremendous power that comes from combining passion, preparation, persuasion, and positive communication in the courtroom. His courage and relentless work ethic have earned him a reputation as a zealous advocate and one of New Jersey’s rising stars of the legal profession.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. Our courses qualify for credits with NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses accepted by NASBA and other professional organizations?

MY-CPE LLC courses are accepted for continuing education credit by various professional certification programs, including NASBA, IRS, CFP Board, and HRCI. MY-CPE LLC is also recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® and SHRM-SCP® recertification activities.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. Our courses qualify for credits with NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars accepted by NASBA and other Professional Organizations?

MY-CPE LLC courses are accepted for continuing education credit by various professional certification programs, including NASBA, IRS, CFP Board, and HRCI. MY-CPE LLC is also recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® and SHRM-SCP® recertification activities.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are accepted for compliance and reporting purposes with NASBA, IRS, CFP Board, HRCI, SHRM (for PDCs), Payroll Org, FP Canada, and 25+ other professional organizations.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

Excellent (100%)

Very Good

Average

Poor

Terrible

Recommended Courses

Fraud and Forensic Update: AI Tools and Strategies

May 27, 10:00 AM EDT

  • CPA (US)
  • CIA
  • CFE
  • CMA
  • CGMA
  • CRMA
  • CPA/CFF
  • CGFM
  • CGAP
  • DE LPA
  • IAP
  • CICA
  • MAFF
  • QIAL
  • IA LPA
  • CCS
  • ME LPA

Dodging the Scam: Top Occupational Frauds and How to Outsmart Them

May 28, 03:00 PM EDT

  • CPA (US)
  • CIA
  • CFE
  • CMA
  • CRMA
  • CPA/CFF
  • CGFM
  • DE LPA
  • IAP
  • CICA
  • MAFF
  • QIAL
  • IA LPA
  • CCS
  • ME LPA

Conducting Investigative Fraud Interviews

May 28, 03:00 PM EDT

  • CPA (US)
  • CIA
  • CFE
  • CMA
  • CRMA
  • CPA/CFF
  • CGFM
  • DE LPA
  • IAP
  • CICA
  • MAFF
  • QIAL
  • IA LPA
  • CCS
  • ME LPA

Forensic Financial Loss Calculation Using Court-Approved Methods

May 29, 02:30 PM EDT

  • CPA (US)
  • CIA
  • CFE
  • CVA
  • CPA/CFF
  • DE LPA
  • IAP
  • MAFF
  • QIAL
  • CBA/MCBA
  • IA LPA
  • ME LPA

Nonprofit Fraud Watch: Insights for 2026

Jun 03, 10:00 AM EDT

  • CPA (US)
  • CIA
  • CFE
  • CMA
  • CRMA
  • CPA/CFF
  • CGFM
  • CGAP
  • DE LPA
  • IAP
  • CICA
  • MAFF
  • QIAL
  • IA LPA
  • CCS
  • ME LPA

Small Business Tax Fraud, Red Flags and Trends

Jun 04, 03:00 PM EDT

  • CPA (US)
  • CIA
  • CFE
  • CMA
  • CRMA
  • CPA/CFF
  • CGFM
  • DE LPA
  • IAP
  • CICA
  • MAFF
  • QIAL
  • IA LPA
  • CCS
  • ME LPA
Cartels to Commerce: Drug Money in the U.S. Financial System

Inclusions

  • Multiple Credits

    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting

    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker

    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault

    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders

    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access

    Mobile App Access

    The MYCPE ONE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support

    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

Exclusive mobile
app for our unlimited
access subscribers

Get Started with Unlimited Learning

Select your plan, complete your payment, and access a world of knowledge.

Get Started Today

Start your journey towards learning and compliance.

card

$299$199 For 12 Months

Your information is securely encrypted using SSL

Get Started Today

Click Here

More Reasons to Subscribe

  • true true

    80% of Content Rated 4.5+ Stars

    High-quality content rated by professionals.
  • true true

    4X More Content at 1/3rd the Price

    Serious value compared to your regular provider!
  • true true

    Non-Sponsored Content

    Purely educational, unbiased content for your learning.
  • true true

    Monthly & Quarterly Updates

    Keeping you ahead of trends and changes.
  • true true

    Podcasts with Industry Leaders

    Learn and Earn CPE from experts on the go.
More Reasons