Financial Crime World

Belgium’s Forensic Accounting Fights Financial Crimes with Expertise

In 2023, Geert Delrue founded the AML/CFT Training Center Financial Forensic Services in Belgium, marking a significant milestone in the country’s efforts to combat financial crimes. With decades of experience in forensic accounting, Delrue has established himself as a leading expert in the field, leveraging his extensive knowledge to provide cutting-edge training and advisory services.

Expertise in Forensic Accounting

Delrue’s journey in forensic accounting began in 1985 when he started as a detective inspector at the Bureau of Criminal Police. He later became a detective commissioner and wrote 24 police manuals on financial investigations, which covered various topics including criminal bankruptcy, tax fraud, social fraud, and more. He has also authored several books, including a comprehensive guide to combating money laundering and financing terrorism.

Training Programs

The center’s operations can be divided into two key components:

  • Comprehensive Training Programs: The center provides training programs related to anti-money laundering (AML), combating financing of terrorism (CFT), financial investigations, documentary fraud, cybercrime, freezing, seizing, or confiscating proceeds of crime. These training sessions are conducted in a variety of formats, including face-to-face, live streaming, and on-demand webinars.
  • Personalized Business Advisory Services: The center provides personalized business advisory services in financial forensic matters, which sets it apart from larger consulting firms. Delrue’s team analyzes criminal financial investigations before initiating proceedings in criminal courts, as well as responding to requests from lawyers or third parties.

Emerging Threats

Delrue warned that cyberlaundering is a growing concern, but cash remains king. “We’re not near a cashless society yet, so the toughest crimes will always stay just around the corner,” he said. He emphasized the importance of recognizing patterns in financial crimes and highlighted the need for continuous training and education to stay ahead of emerging threats.

Recognition and Expertise

As an expert in the field, Delrue is frequently invited to speak at international conferences and universities around the world. His training programs have been licensed by various Belgian professional and AML/CT supervising authorities, solidifying his reputation as a leading authority on forensic accounting.

The center’s trainings are designed for:

  • Reporting entities
  • Professional supervising bodies
  • National, European, and international AML/CT supervisory organizations
  • Law enforcement agencies
  • Justice departments

Conclusion

The AML/CFT Training Center Financial Forensic Services has established itself as a go-to resource for organizations seeking to improve their defenses against transnational financial crime. With its expertise and cutting-edge training programs, the center is poised to play a critical role in Belgium’s fight against financial crimes.