Finally there is a reference source that brings together all the available anti-money laundering and Bank Secrecy Act guidance and best practices for conducting suspicious activity report (SAR) investigations. This book offers a treasure trove of information that will make your SAR process more efficient while simultaneously reducing compliance risk. The authors detail how to conduct suspicious activity investigations in a step-by-step manner and provide all the information you'll need to understand and identify a full range of financial crimes and schemes.These individuals have easy access to personal information such as a checkbook bearing account numbers, Social Security Numbers (SSN) and business records. ... Loans are usually easily approved. Almost across the board, the bank becomes alerted to the scheme because the perpetrator will immediately default on the loan payments. ... The thief will then write checks against the victima#39;s account.
|Title||:||Sar Investigations - the Complete Bsa/Aml Desktop Reference|
|Author||:||Howard Steiner, Stephen L. Marini|
|Publisher||:||Lulu.com - 2008-07-01|