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#2247380 - 01/08/21 04:24 PM New SAR or Continuing SAR?
unknown Offline
100 Club
Joined: Apr 2005
Posts: 106
We filed a SAR on an individual for cashing checks from business account in a structuring manner. Continuing SAR will be filed in 90 days since the activity continues.

We recently discovered that this same individual has sent runners to cash checks from a different business account which appears to be structured.

Do we file a new SAR solely on recently discovered activity? Or can we add it to the continuing SAR when it comes due in 90 days?

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#2247384 - 01/08/21 04:37 PM Re: New SAR or Continuing SAR? unknown
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 75,773
Galveston, TX
Structuring is structuring. If additional structuring has been uncovered, then I would include it in my final SAR immediately after terminating any relationship with this customer.
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#2247594 - 01/13/21 03:36 PM Re: New SAR or Continuing SAR? unknown
chuckchuck Offline
Junior Member
Joined: Apr 2018
Posts: 34
File a correction for your latest SAR including the new activity and the new suspects

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