Re:Leak reveals $2T of possibly corrupt US financial activity
by raincom on Thursday September 24, 2020 @12:08PM
(#24580065)
Their AML systems will flag this activity as suspicious, and someone in the back office file a SAR. Think of the financial circuit as closed and traceable. Any untraceable entries and exits into this circuit needs CTRs and SARs.
Untraceable entries/exits: cash, money orders, cashier checks, wire transfers, etc.
Untraceable entries/exits: cash, money orders, cashier checks, wire transfers, etc.