Event Calendar

Tuesday, June 15, 2021

Webinar - FinCEN SAR Advisory Update & Handling Increasing Fraud

Start Date: 6/15/2021 9:00 AM MDT
End Date: 6/15/2021 10:30 AM MDT

Location:
United States 

Pandemic-related fraud is on the rise. A number of familiar schemes with a COVID-19 slant have resurfaced with a vengeance! In its first guidance early in the pandemic and in many additional advisories since, FinCEN has advised us to be alert.
 
But just because there’s an uptick in pandemic-related fraud, that doesn’t mean the “old” types have slowed down. SAR filings remain high for suspicious activity related to virtual currency, elder financial exploitation, marijuana-related businesses, and cyber incidents. This jam-packed session will review FinCEN’s related reporting guidance. You’ll learn how to properly complete the SAR fields in these situations and how to ensure your SAR narrative contains the elements needed to best assist law enforcement. Participant materials will include procedures and best practices for determining when to file, SAR completion, and what to do after a filing.
 
Attendance certificate provided to self-report CE credits.