Financial Crimes Enforcement Network, US Treasury

Please note that beneficial ownership information reporting requirements have been affected by a recent federal court order. The Department of the Treasury is appealing that order. In the meantime, reporting companies are not currently required to file a beneficial ownership report (BOIR) and are not subject to liability if they fail to do so while the applicable order remains in force. However, reporting companies may still opt to file a BOIR. More information is available on our website https://www.fincen.gov/boi.

In support of the multiagency #DatingOrDefrauding Campaign, FinCEN is reminding financial institutions to remain vigilant regarding suspicious activity that may be indicative of relationship investment scams. https://lnkd.in/gpNksqmB

‘Dating or Defrauding?’ a Joint Effort to Alert Online Daters, Social Media Users of Relationship Investment Scams: https://lnkd.in/gtVWT_b8

FinCEN Announces $37M Civil Money Penalty Against Brink’s Global Services USA, Inc. for Bank Secrecy Act Violations in 1st Enforcement Action Against An Armored Car Company https://lnkd.in/geDYmznA

FINTRAC published today a new Operational Alert to support businesses in recognizing and reporting financial transactions related to the laundering of the proceeds of fentanyl and other illegal synthetic opioids. Reporting from businesses will facilitate the production of actionable financial intelligence in support of law enforcement investigations and prosecutions of this appalling crime that is fuelling a public health crisis in North America. This Operational Alert is the result of the trilateral cooperation between FINTRAC, the Financial Crimes Enforcement Network, US Treasury (FinCEN) in the United States and the Unidad de Inteligencia Financiera in Mexico. These Financial Intelligence Units have come together to form the North American Drug Dialogue Illicit Financing Working Group to develop money laundering indicators related to the importation, production and distribution of illegal synthetic opioids; share money laundering trends, typologies and best practices; and instigate and support law enforcement investigations. This Operational Alert supports Project Guardian, a broader public-private partnership established in 2018 to target money laundering activities linked to the importation, production and distribution of illegal synthetic opioids. Project Guardian is led by CIBC and includes financial intelligence units, law enforcement agencies and private sector partners. In 2023–24, FINTRAC provided 93 disclosures of actionable financial intelligence to its law enforcement partners in support of Project Guardian. These disclosures contained information on 354 different subjects and supported 53 law enforcement investigations. Since the launch of Project Guardian, FINTRAC has generated nearly 1,000 financial intelligence disclosures in relation to illegal synthetic opioid trafficking. Learn more on FINTRAC’s work and Project Guardian by accessing the report online: https://lnkd.in/gVNMrcyD

Illicit actors rely on secrecy to exploit the U.S. financial system. The Corporate Transparency Act peels back the layers of corporate anonymity to help detect and deter serious crimes. Learn more: https://lnkd.in/eAFvFDbe

Become a part of the team that safeguards the financial system from the abuses of financial crime. At the Financial Crimes Enforcement Network (FinCEN), we are at the forefront in detecting and preventing terrorist financing, money laundering, and other financial crime.

Become a part of the team that safeguards the financial system from the abuses of financial crime. At the Financial Crimes Enforcement Network (FinCEN), we are at the forefront in detecting and preventing terrorist financing, money laundering, and other financial crime.

Become a part of the team that safeguards the financial system from the abuses of financial crime. At the Financial Crimes Enforcement Network (FinCEN), we are at the forefront in detecting and preventing terrorist financing, money laundering, and other financial crime.

FinCEN issued an alert today to raise awareness of fraud schemes abusing FinCEN’s name, insignia, and authorities for financial gain. These FinCEN-specific fraud schemes include scams that exploit beneficial ownership information reporting; misuse FinCEN’s Money Services Business Registration tool; or involve the impersonation of, or misrepresent affiliation with, FinCEN and its employees. https://lnkd.in/eXmqMY6M