Mon Sep 21, 2020, 01:10 PM
sandensea (18,871 posts)
'FinCEN' reports say big banks moved dirty moneyThis discussion thread was locked as off-topic by JudyM (a host of the Latest Breaking News forum). Hong Kong shares of HSBC fell to their worst level since 1995 on Monday (September 21) after reports that it and other financial institutions had allegedly moved large sums of illicit money over two decades. They revolve around documents leaked to Buzzfeed and shared with a global network of invetigative journalists. Buzzfeed and other news outlets say it involves moving money for the likes of terrorists, drug kingpins and corrupt leaders. The leak is reportedly made up of over 2,100 suspicious activity reports filed by banks and other financial firms with the U.S Treasury's Financial Crimes Enforcement Network, or Fincen. The so-called Fincen Files allegedly show more than $2 trillion dollars worth of transactions from 1999 to 2017, all of it flagged as suspicious by the banks' own compliance departments. Read more: https://news.yahoo.com/fincen-reports-big-banks-moved-063448514.html
|
9 replies, 1173 views
Cannot reply in locked threads
 9 replies |
Author | Time | Post |
 'FinCEN' reports say big banks moved dirty money (Original post) |
sandensea | Sep 2020 | OP |
| bucolic_frolic | Sep 2020 | #1 | |
| sandensea | Sep 2020 | #3 | |
| soothsayer | Sep 2020 | #2 | |
| sandensea | Sep 2020 | #4 | |
| soothsayer | Sep 2020 | #5 | |
| Sneederbunk | Sep 2020 | #6 | |
| sandensea | Sep 2020 | #7 | |
| empedocles | Sep 2020 | #8 | |
| JudyM | Sep 2020 | #9 |
Response to sandensea (Original post)
Mon Sep 21, 2020, 01:13 PM
1. Of course
Cannot reply in locked threads
Response to bucolic_frolic (Reply #1)
Mon Sep 21, 2020, 01:16 PM
sandensea (18,871 posts)
3. +1
Cannot reply in locked threads
Response to sandensea (Original post)
Mon Sep 21, 2020, 01:15 PM
2. Don't forget Deustche Bank
Cannot reply in locked threads
Response to soothsayer (Reply #2)
Mon Sep 21, 2020, 01:19 PM
sandensea (18,871 posts)
4. No wonder they were so anxious to carry Cheeto's water
Cannot reply in locked threads
Response to sandensea (Original post)
Mon Sep 21, 2020, 01:31 PM
6. Wow! This is news?
Cannot reply in locked threads
Response to Sneederbunk (Reply #6)
Mon Sep 21, 2020, 01:46 PM
sandensea (18,871 posts)
7. It's news that they were able to reveal it
|
Money laundering usually goes unreported.
 |
Cannot reply in locked threads
Response to sandensea (Original post)
Mon Sep 21, 2020, 01:56 PM
empedocles (15,751 posts)
8. Citigroup down a hefty 3% at 1:53p
Cannot reply in locked threads
Response to sandensea (Original post)
Mon Sep 21, 2020, 03:35 PM
JudyM (26,135 posts)
9. Locking
Cannot reply in locked threads
