DOJ also noted the platform did not register with the FinCEN or file necessary suspicious activity reports despite having approximately 1.5 million registered users and earning around $184.5 ...

In 2021, FinCEN published FinCEN Notice FIN-2021-NTC4 , which provides financial institutions with specific Suspicious Activity Report filing instructions and highlights illicit financial activity ...

The settlement, announced Thursday, follows BGS’ admission to willful BSA violations, including failure to implement an effective anti-money laundering program and failure to file suspicious activity ...

The Financial Crimes Enforcement Network (FinCEN) is a bureau of the U.S. Department of the Treasury charged with detecting and combatting illegal activity within the financial system. FinCEN ...

In a LinkedIn post, Melanie Lauridsen, the AICPA's vice president–Tax Policy & Advocacy, said, "We are encouraged by FinCEN's intention to provide a 30-day filing extension for the BOI report in the ...

The Filing System for BOI Reports The U.S. Treasury Department uses FinCEN, a secure filing system ... as a part of the process may deter illegal activity as there is an identifiable person ...

A spokesperson added, "FinCEN also does not comment on investigations, including to confirm whether one exists." Visa told CBS News that "we explicitly and unequivocally prohibit illegal activity ...