A $10,000 bank transaction triggers the government to automatically look into it. Learn what actually happens.

“Despite the declining use of checks in the United States, criminals have been increasingly targeting the U.S. Mail since the COVID-19 pandemic to commit check fraud,” FinCen reported in an ...

On Dec. 18, FinCEN issued an alert to raise awareness of fraud schemes abusing FinCEN’s name, insignia, and authorities. “We are very concerned about reports of scammers using FinCEN’s name ...

FinCEN has offered an update stating ... must be ready to meet the CTA obligations and protect themselves against fraud. The BBB warns business owners that scammers may exploit confusion over ...

Congress sought to address concerns relating to the use of certain entities (those required to report under the FINCEN BOI reporting rules) to commit money laundering, financial fraud, terrorism ...

In light of the decision, reporting companies are required to submit beneficial ownership information to Fincen, but the Treasury Department has extended the filing deadlines. Companies created or ...

As the calendar turns to 2025, there is a new development in the off-again, on-again Corporate Transparency Act (“CTA”). This time, the highest ...