Posted By: unknown
New SAR or Continuing SAR? - 01/08/21 04:24 PM
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?
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?