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#2223972 - 10/18/19 03:52 PM Continuing SAR?
Banker57 Offline
Gold Star
Joined: Jul 2010
Posts: 439
Minnesota
A SAR was filed on a previous customer based on fraudulent cashiers checks with that persons name as the remitter. Additional fraudulent cashiers checks continue to come in with various names as the remitter, some with the previous customers name. I am thinking we should file continuing SARs while this activity continues, even tho we are not sure if the prevous cusotmer is involved or that persons name is just being used. Any thoughts?

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#2224030 - 10/18/19 11:43 PM Re: Continuing SAR? Banker57
BrianC Online
Power Poster
BrianC
Joined: Nov 2004
Posts: 6,694
Illinois
When I create a counterfeit check, I can put any name in the remitter field I want since I am the bad guy. Your true subject of this SAR is likely unknown. Since a common bad guy is likely continuing the fraud, a continuing activity SAR is warranted.
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