Readers who are anxiously awaiting their weekly dose of "Confessions of a Money Launderer" can rest easy. The new weekly instalments will begin again at Midnight, on Monday, 16 September.

The Office of Foreign Assets Control, OFAC, has published its latest Enforcement Information list, details about the final agency Penalties Notices it has levied for violations of sanctions programmes, and Trading with the Enemy Act sanctions regulations.

Europol is reporting that a clandestine print shop that created high-quality bogus 200 and 500 Euro notes has been busted in Bogota by the Colombian National Police, with the support of the Brigada de Investigacion del Banco de Espana and Europol. Fake Euro banknotes with a face value of over eleven million Euros were confiscated, making the seizure the largest ever outside Europe, according to reliable reports.

A helicopter reportedly involved in suspicious activity was seized by Colombian law enforcement authorities this week. On board, the Antinarcotics Unit found COP2.07bn in cash, which is the equivalent of US$1.3m. The individual arrested, according to Colombian media, has been turned over to the Money Laundering Unit, which is said to be investigating the source of funds.

Be advised that the Chief Immigration Officer of the Cayman Islands has ruled that only Caymanians and legal residents of Grand Cayman will be allowed to travel to the island until further notice, due to the arrival of Hurricane Gustav.

I will be lecturing on Money Laundering and Hedge Fund Risks at the Global Compliance Solutions 4th Annual AML/Compliance Conference, on 7 October, 2008, at the Grand Cayman Marriot Beach Resort, in George Town, Grand Cayman. The Conference covers Regulatory Compliance, Risk Management and Anti-Money Laundering.

A number of the fictitious banks created in the US by fraudsters are, for some unknown reason, located in the State of Oregon. That state's Division of Finance and Corporate Securities (DFCS) publishes a list of global unlicensed financial institutions on its website. World-Check readers from EU countries may be particularly interested in the reportedly bogus European "banks" included on this list. Note that the details include all known addresses, and the first date the bank became known to regulators. Several of the names are deceptively similar to those of established, legitimate entities.

The US Treasury Office of Foreign Assets Control (OFAC) has labelled Ugandan insurgent leader Joseph Kony a Specially Designated Global Terrorist, or SDGT. Kony, who was indicted in 2005 by the International Criminal Court (ICC) on 33 charges, including 12 counts of Crimes against Humanity, leads the Lord's Resistance Army (on the US State Department Terrorist Exclusion List), also known as the United Democratic Christian Army, a guerrilla organisation that seeks to establish a theocratic government in Uganda through violent revolution.

September is just around the corner, and both legitimate clients as well as money launderers are returning from summer holidays. Let us review some of those Red Flags, the indicia of suspicious activity in client accounts. Remember, financial criminals are banking upon the fact that you might not be at your best after a holiday. Catch them if you can.

World-Check users in the Channel Islands, should kindly note that there will be two Seminars presented there next month. On 4 September, there will be a morning event at the Pomme D'or Hotel in St Helier, Jersey, and on 5 September a presentation at the Old Government House Hotel & Spa in St Peter Port, Guernsey.