Fellow Project Highlight: Money Launderers Who Exploit Hawai‘i Real Estate

Criminal Analyst, Homeland Security Investigations (HSI) Honolulu

CSC 22-1

James Ward, an alumnus of the Comprehensive Security Cooperation Course (CSC) 22-1, describes his time at DKI APCSS as “transformational” and pivotal in advancing his professional trajectory. Among the most significant outcomes of his experience was the development of his Fellow Project, which tackled the pressing issue of real estate money laundering in Hawai‘i.

Mr. Ward’s project focused on the use of Geographic Targeting Orders (GTOs) as a strategic tool to disrupt illicit financial flows. With Hawai‘i attracting substantial foreign investment—particularly from Asian markets—the state has become increasingly vulnerable to criminal misuse of the real estate sector. These illicit transactions not only drive up housing prices but also distort local markets and community stability. GTOs require title insurance companies to identify the true owners behind shell companies, thereby improving transparency and accountability in high-risk transactions.

Leveraging data analysis and investigative methods, James developed an algorithm designed to detect suspicious real estate activity linked to money laundering. His innovative approach strengthens the integrity of the housing market and contributes to broader national economic security.

Following the development of his algorithm, Mr. Ward was invited to Washington, D.C., where he briefed three lawmakers on his findings. He presented insights into how GTO data can be used to improve investigative targeting and resource allocation. He also advocated for codifying GTOs into federal law and emphasized the need for sustained investment in this area of enforcement. In recognition of his contributions, James received the Brendan O’Rourke Award for Innovation in Criminal Analysis.

In May 2025, James returned to APCSS as part of CSC 25-2 to share his journey and provide guidance to current fellows. He highlighted how the course’s in-depth discussions, critical feedback, and cross-functional perspectives were instrumental in shaping his award-winning project.

In his own words, Mr. Ward notes that:

“The true value of the course lies in transforming the knowledge you receive into actionable outcomes that can benefit your fellow offices. Completing your project is not just a personal achievement, it's an opportunity to contribute meaningfully to our collective mission. I encourage all my fellow brothers and sisters to see your projects through to completion and relish the positive impact they can have. The sense of accomplishment and the benefits to our community are truly rewarding. I know I enjoyed the outcomes of my efforts, and I hope you will too!”