Blog12 Red Flags for Elder Financial ExploitationNovember 9, 2022 by Colin Parsons “Financial institutions serve on the frontlines in protecting their older customers’ finances, and can play a critical role in helping to identify, prevent, and report suspected elder financial exploitation. Financial institutions’ vigilance matters. Their reporting matters.” – Himamauli Das, FinCEN... |
BlogSolutions for SAR/STR Filing: Best Practices for Crypto CompaniesNovember 7, 2022 by Verafin Virtual currencies are swiftly becoming the currency of choice for fraudsters – the rate of Suspicious Activity Reports (SAR) filed including cryptocurrency is rapidly rising. According to the U.S. Government Accountability Office (GAO), from 2017-2020, the number of SARs referencing... |