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#709483 - 03/30/07 07:04 PM Stupid = Suspicious?
doosmom Offline
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doosmom
Joined: Mar 2005
Posts: 96
The Delta
customer cashes a $96k check and puts the cash in her lock box

SAR?
The general consensus around here is that she is just crazy but not really doing anything wrong...?
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BSA/AML/CIP/OFAC Forum
#709485 - 03/30/07 07:05 PM Re: Stupid = Suspicious? doosmom
#Just Jay Offline
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#Just Jay
Joined: Oct 2006
Posts: 14,390
Cheeseheadland
I vote not so bright.
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#709490 - 03/30/07 07:09 PM Re: Stupid = Suspicious? #Just Jay
doosmom Offline
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doosmom
Joined: Mar 2005
Posts: 96
The Delta
you're in the majority...
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#709639 - 03/30/07 10:40 PM Re: Stupid = Suspicious? doosmom
Dolly Nugent Offline
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Dolly Nugent
Joined: Nov 2000
Posts: 1,820
Southern California
A lot of people did things like that during Y2K. I agree that your customer is not very bright.

I know of a bank that was cited by the FDIC for not filing a SAR when a customer claimed he had a large amount of cash in his box. The bank's boxes had been broked into (professional job) and the customer was filing a claim asserting that he had $450,000 in the box.
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