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#1381993 - 04/27/10 03:21 PM SAR & filing for Counterfeit Cashiers Checks
Anonymous
Unregistered

We are having an intense debate about filing for a rash of counterfeit cashier checks that have ben produced with our bank name. Most say we need to file, but we have two people that are certain FinCen posted something, maybe 5 years ago, stating that this situation does not need a SAR filed. Does anyone remember this and/or where I could possibly find it?
thanks

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#1382024 - 04/27/10 03:39 PM Re: SAR & filing for Counterfeit Cashiers Checks Anonymous
Here4Life Offline
100 Club
Joined: Feb 2010
Posts: 116
When we had an outbreak of counterfeit cashier's checks with our name on them, we filed an SAR. I also prepared the 90 day follow up SAR until there wasn't any more activity.

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#1382290 - 04/27/10 06:48 PM Re: SAR & filing for Counterfeit Cashiers Checks Here4Life
Hockey Rules Offline
100 Club
Hockey Rules
Joined: Jan 2009
Posts: 205
Packer Country
Anon, are you thinking that FinCen posted a statement in the past that banks didn't need to file a SAR for Counterfeit Checks?
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“Hakuna Matata”

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#1382401 - 04/27/10 07:54 PM Re: SAR & filing for Counterfeit Cashiers Checks Hockey Rules
YosemiteSamIAm Offline
Power Poster
Joined: Jan 2004
Posts: 2,795
Guess
We file for counterfeit checks.
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Sorry, did I just use my outside voice?

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