SAR Filing on another bank

Posted By: Anonymous

SAR Filing on another bank - 11/18/05 02:09 PM

I was asked the question if we can file a SAR on another institution. This is based on how that institution guided a customer on how to get additional money from the purchase of a house to avoid paying irs liens that he owes?
Posted By: Anonymous

Re: SAR Filing on another bank - 11/18/05 02:24 PM

Information based on hearsay would not be reportable in my opinion.