Lester Joseph

Information

Lester Joseph is the President of Joseph AML Consulting LLC. Mr. Joseph was a prosecutor for the United States Department of Justice from 1984 to February 2010. From 2002-2010, he was the Principal Deputy Chief of the Asset Forfeiture and Money Laundering Section (AFMLS). During his tenure, the Section played a major role in several noteworthy money laundering investigations and prosecutions involving major financial institutions, including Riggs Bank (2005), E-Gold Ltd. (2008), and Credit Suisse (2009), Lloyds TSB Bank PLC (2009), Sigue Corporation (2008), Union Bank of California (2007), American Express Bank International (2007), BankAtlantic (2006), and Banco Popular de Puerto Rico (2003). In 2010, Mr. Joseph joined Wells Fargo and created the Global Financial Crimes Intelligence Group for the purpose of establishing a financial crimes intelligence team that would assist the bank to better address financial crime threats. The group collected, analyzed, developed and distributed intelligence based on Wells Fargo’s financial transactions and financial investigations databases, combined with political, social and economic information, to identify financial crimes trends and threats, and to assess the relevant risk and impact to Wells Fargo. Mr. Joseph retired from Wells Fargo in April 2024.