Chase Bank SAR Disclosure

Posted By: Rangers Fan

Chase Bank SAR Disclosure - 07/06/11 04:20 AM

Did anyone see where Frank Mendoza ever got sentenced for the SAR disclosure case at Chase Bank in California? I read that his sentencing was supposed to be in May but can't find where it happened or what the sentence ended up being???
Posted By: BSA Guru

Re: Chase Bank SAR Disclosure - 12/08/11 03:54 PM

According to the Bureau of Prisons website, he is being held at the Long Beach Community Corrections Facility until 12/29/2011. Sounds like he got just 6 months. Sounds like a slap on the wrist for such a crime.
Posted By: ACBbank

Re: Chase Bank SAR Disclosure - 12/15/11 09:17 PM

http://www.fincen.gov/news_room/nr/html/20111215.html

I think this is the guy your talking about.
Posted By: complylady

Re: Chase Bank SAR Disclosure - 12/15/11 09:50 PM

That is the person, looks like he got fined for $25,000 and 6 months prison term (based on release date). The FBI link said that he was facing up to 95 years, so 6 months is a slap on the wrist.
Posted By: Princess Romeo

Re: Chase Bank SAR Disclosure - 12/15/11 10:54 PM

Slap on the wrist maybe, but do I really want my tax dollars being spent on housing and feeding someone for 95 years for this particular transgression?

Frankly - a $25,000 fine and 6 months in jail should be a good deterrent to use when training people on why they need to zip it regarding SARS.
Posted By: Kathleen O. Blanchard

Re: Chase Bank SAR Disclosure - 12/15/11 11:02 PM

I just wish it was for simply revealing the SAR and did not have the added complication of soliciting a bribe. That lessons the training impact...darn!
Posted By: Andy_Z

Re: Chase Bank SAR Disclosure - 12/16/11 11:42 AM

http://www.fbi.gov/losangeles/press-releases/2011/la011111.htm