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#2015217 - 05/20/15 04:59 PM Worthwhile to file a SAR?
Anonymous
Unregistered

Case of elder financial abuse, bank stopped and police contacted and report filed, but all we have on the suspect is a cell phone number (and I am sure a burner phone at that), for a dollar amount between the reporting thresholds: any value to file or no?

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#2015232 - 05/20/15 05:31 PM Re: Worthwhile to file a SAR? Anonymous
edAudit Offline
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edAudit
Joined: Jul 2008
Posts: 4,797
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There is always value in filing as it get into the database. Whether or not it gets acted upon that is another story.

I am guessing that it is over $5,000 but less than mandatory filing?
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#2015241 - 05/20/15 05:54 PM Re: Worthwhile to file a SAR? Anonymous
Anonymous
Unregistered

Correct.

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