FinCEN Reveals That Geographic Targeting Orders Are Generating Meaningful Intelligence Leading to Money Laundering Prosecutions
Categories: Tax
In a press release touting recent law enforcement success stories based upon Bank Secrecy Act reporting by financial institutions, the Treasury Department’s Financial Crimes Enforcement Network revealed publicly for the first time that its recent Geographic Targeting Orders (GTOs) are generating meaningful leads that are leading to the investigation and prosecution of individuals for money laundering violations.
