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#1307945 - 12/17/09 11:43 AM OFAC Penalties
Retread Offline
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Retread
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Southeast
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BSA/AML/CIP/OFAC Forum
#1307951 - 12/17/09 12:36 PM Re: OFAC Penalties Retread
rlcarey Offline
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rlcarey
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Galveston, TX
Wow - you have to however admit that was pretty egregious activity by the bank.
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#1307976 - 12/17/09 01:11 PM Re: OFAC Penalties Retread
AuditorK Offline
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Play with fire...get burned!

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#1307993 - 12/17/09 01:37 PM Re: OFAC Penalties AuditorK
Kathleen O. Blanchard Offline

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Kathleen O. Blanchard
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This was such a blatant disregard of the law. Amazing that the bank had printed a brochure on how to get around the rules. They earned the fine.
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#1308038 - 12/17/09 02:25 PM Re: OFAC Penalties Kathleen O. Blanchard
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#1311452 - 12/22/09 05:22 PM Re: OFAC Penalties Retread
ACBbank Offline
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ACBbank
Joined: Jul 2006
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New York City
OFAC hit another bank for 217 million today.
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