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#2220091 - 08/21/19 03:20 PM Law Enforcement
Jennifer Offline
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Jennifer
Joined: Dec 2014
Posts: 192
Should a bank contact law enforcement regarding forgery or account takeover? Or should that be the customers responsbility?

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BSA/AML/CIP/OFAC Forum
#2220119 - 08/21/19 05:54 PM Re: Law Enforcement Jennifer
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,393
Galveston, TX
Who took the loss? Usually that determines who LE will listen too.
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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#2220121 - 08/21/19 06:05 PM Re: Law Enforcement Jennifer
John Burnett Offline
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John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
If the dollar amount pulls a SAR trigger, the bank must file, regardless of whether its ox was gored or whether the bank contacts law enforcement directly.
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John S. Burnett
BankersOnline.com
Fighting for Compliance since 1976
Bankers' Threads User #8

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