SARs help track financial crimes like money laundering at banks, impacting investor confidence. Banks must file SARs for unusual transactions; failure to do so results in severe penalties. Investors ...

Law enforcement has always relied on citizen tips to detect and prevent criminal acts. After 9/11, the federal government worked to systematize local efforts to collect terrorism-related tips and ...

When a bank flags "suspicious activity," it usually means your account behavior suddenly looked different from normal. Maybe it was a large purchase. A new location. A transfer pattern the bank's ...

Financial services firms are required to issue Suspicious Activity Reports (SARs) when they suspect money laundering or other illicit activities. This includes transactions of around $10,000 or ...

"What is suspicious activity, what does it look like, and who looks suspicious?" said Karen Gilbert, executive director of Crime Stoppers. Those are the questions dozens of volunteers were discussing ...