The huge leak of suspicious exercise stories reveals how banks let the federal government learn about probably cash laundering, then go proper on offering companies.
The FinCEN Information are a leaked cache of suspicious exercise stories filed by banks with the U.S .Monetary Crimes Enforcement Community. The greater than 2,000 recordsdata, representing $2 trillion in transactions, have been leaked to BuzzFeed Information greater than a 12 months in the past. BuzzFeed, in flip, shared them with the Worldwide Consortium of Investigative Journalists, who then helped distribute them to 108 publications in 88 nations.
This episode offers an summary of the leaks and explains why they present that, regardless of a number of PR bluster, banks are joyful to file their stories after which carry on banking probably cash launderers.