Forensics Journal - Stevenson University 2013 | Page 18

FORENSICS JOURNAL

The following special measures can be imposed individually, jointly, in
any combination and in any sequence:

CASE EXAMPLES: FINANCIAL FORENSIC INVESTIGATIONS
INVOLVING NORTH KOREAN COUNTERFEITING

• Record keeping and reporting certain transactions;

Many of the tools discussed above have been successfully utilized in
investigations of North Korean counterfeiting of Supernotes, leading
to a number of high-profile arrests, seizures, and sanctions. These
cases all utilized financial forensic investigations in some capacity.
The following examples will explore the successes and shortcomings of
these techniques with respect to Supernote counterfeiting.

• Collection of information relating to beneficial ownership;
• Collection of information relating to certain payable-through
accounts;
• Collection of information relating to certain correspondent
accounts; and

The best known cases that introduced the world to Supernotes were
two inter-related investigations, code named Royal Charm and
Smoking Dragon (Mihm). These investigations were initiated by the
F.B.I. and consisted of numerous federal and state law enforcement
agencies. Both in