SAR Stats (formerly By the Numbers) is a compilation of numerical data gathered from the FinCEN Suspicious Activity Reports (Form 111) filed by financial institutions. SAR Stats is published as a full report once a year.
Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) proposed a rule that, if finalized, would sever MBaer Merchant Bank AG (MBaer’s) access to the U.S. financial system as a result of its financial support to illicit actors linked to Russia and Iran. If finalized, the proposed
In support of the annual, multiagency #DatingorDefrauding campaign, led by the Commodity Futures Trading Commission’s Office of Customer Education and Outreach, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) is once again reminding financial institutions to remain vigilant to potential relationship investment scams.
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) today launched a new dedicated webpage to confidentially accept whistleblower tips on fraud, money laundering, and sanctions violations.
In support of the annual, multiagency #DatingorDefrauding campaign, led by the Commodity Futures Trading Commission’s Office of Customer Education and Outreach, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) is once again reminding financial institutions to remain vigilant to potential relationship investment scams.
WASHINGTON—On January 12 and 13, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) hosted the first meeting of the Transnational Organized Crime Working Group (TOC-WG). The TOC-WG includes representatives from 16 financial intelligence units across the world that are committed to working together to enhance their collective
In Minnesota, Secretary of the Treasury Scott Bessent announced several initiatives to combat rampant government benefits fraud in Minnesota, which has wasted billions of taxpayer dollars. These initiatives are designed to strengthen and safeguard the financial system and protect Minnesota taxpayers. Secretary Bessent announced several actions taken by the U.S.