The press is notorious for misinformation on money laundering and related cases. My major "beef" about some of these cases is that it's likely that SARs have been filed without any attempt to understand what the customer is actually doing -- in other words, without the conversation that Ken alluded to. These are "defensive filings" of the worst kind, because they can lead to cases like some of the horror stories mentioned above.
John.....your post here is basically what i was trying to determine with my questions, since again, i'm not a BSA officer. The "defensive filings" as you call them are what i was imagining and if i was the person who had a SAR filed for this reason, and came to find out about it, i don't think i'd be very happy.