
FINCEN FILES
FinCEN Files investigation named Pulitzer Prize finalist
The global exposé by ICIJ and BuzzFeed News revealed how a broken U.S.-led enforcement system allows banks to continue to profit from moving trillions in dirty money.
An ICIJ investigation reveals the role of global banks in industrial-scale money laundering – and the bloodshed and suffering that flow in its wake. Read more.
The global exposé by ICIJ and BuzzFeed News revealed how a broken U.S.-led enforcement system allows banks to continue to profit from moving trillions in dirty money.
By filing suspicious activity reports to regulators, big banks in the U.S. can collect transfer fees on suspicious transactions. Failure to file a SAR can expose banks to fines or penalties.