Posted By: abrigok
File SAR on attempted fraud? - 06/26/13 09:35 PM
We received a call from the originating bank indicating that an incoming wire that was destined for our customer had been stopped as their customer's email had been hijacked and the wire wasn't authorized by their customer.
In speaking to our customer, it seems she fell victim to a Facebook scam. A FB friend, that she had never met, wanted to send her $18,430.00 to help her out. She was instructed to tell the bank, if asked, that it was for a mortgage loan.
Although the fraud was prevented, can we or should we file a SAR, even though the dollar threshold wasn't met?
In speaking to our customer, it seems she fell victim to a Facebook scam. A FB friend, that she had never met, wanted to send her $18,430.00 to help her out. She was instructed to tell the bank, if asked, that it was for a mortgage loan.
Although the fraud was prevented, can we or should we file a SAR, even though the dollar threshold wasn't met?