Secret Documents Show How Terrorist Supporters Use Bitcoin — And How The Government Is Scrambling To Stop Them
After a decade of concerns, the US government is pushing for stronger regulation.
After BuzzFeed News and ICIJ published a joint investigation, officials across the globe began taking action to finally thwart illicit financial activity and the criminals who move money through Western banks.
After years of inaction, Congress is looking to pass substantial reforms of the financial system. The FinCEN Files investigation spotlighted the pivotal role of shell companies in moving dirty money.
Suspicious Activity Reports Were At The Heart Of The FinCEN Files. This Report Says They Are Underused.
The report, which comes in the wake of a new investigation from BuzzFeed News about corruption in the global banking system, says the Treasury should help cops use the reports to fight money laundering.
The Russian bank VEB has long operated in the United States — despite dozens of suspicious activity reports outlining concerns that it was a threat to national security. A FinCEN Files investigation.
Elizabeth Warren And Bernie Sanders Want Big Banking Reforms Following The FinCEN Files Investigations
Warren called for the creation of a new unit in the US Treasury Department, separate from FinCEN, “to investigate these types of financial crimes.”
Standard Chartered’s Problems With Suspicious Clients Didn’t Go Away. Just Like These Two Ex-Employees Had Been Saying.
Confidential records from the FinCEN Files show that the bank was reporting its own suspicions about customers with links to Iran until at least 2017.
Sanktionsumgehung, Terrorfinanzierung, Geld in Offshore-Firmen – die FinCEN-Files zeigen: Auch die deutsche Commerzbank war weltweit in bedenkliche Geschäfte verwickelt.
A trove of secret documents received by BuzzFeed News reveals how banks profit off terror and organized crime — and the ways that governments fail to stop it.
Alles, was man über die FinCEN-Files, die internationale Recherche und die weltweite Veröffentlichung wissen muss.
Read each statement, bank by bank.
Tausende geheime Dokumente zeigen, wie Banken Billionen Dollar aus fragwürdiger Herkunft durchwinken.
Wie die US-Finanzaufsicht Banken auf der ganzen Welt dazu bringt, Terrorfinanzierung, Geldwäsche und Korruption zu melden – zumindest theoretisch.
Some Committees Have Waited “Many Months” For The Treasury Department To Produce Records They’ve Requested
An official said the department has “provided approximately 60,000 pages of FinCEN records” to two committees since Trump took office.
Whistleblowers said the Americans were exchanging messages with unsecure Gmail accounts set up by their Russian counterparts as the US election heated up.
Last year, staff inside Treasury’s Financial Crimes Enforcement Network questioned whether the department was deliberately trying to stymie the Senate’s investigation.
Peter W. Smith withdrew $4,900 in cash the day after he finalized a plan to work with “dark web” hackers.
Treasury intelligence officials had been accused of illegally snooping on Americans' financial records.
“If you want to compromise people, you do it with dough.”
Months later, companies behind his real estate development efforts with his then son-in-law declared bankruptcy.
Blatant forgery. Snarling guard dogs. Shredded evidence. An incendiary cache of leaked documents reveals the farcical scramble inside one of the world’s dirtiest banks to conceal incriminating information from US government investigators – while some of the most prestigious accountants and lawyers on the planet used all their power to keep the bank in business.
An inspector general audit finds there was no “mass revocation” of access to classified networks critical to responding to terrorism, but some officials dismissed the audit as a “cover up.” The report also concludes there is a strained relationship between two feuding agencies within the Treasury Department.
The chairman of the powerful Senate Judiciary Committee requested suspicious activity reports on a wide array of people and businesses, indicating he was intensifying its investigation.
Senator Wyden spoke out in response to a BuzzFeed News investigation.
The Treasury Department’s Office of Intelligence and Analysis has been illegally rifling through and filing away the private financial records of US citizens, Treasury employees alleged. “This is such an invasion of privacy,” said one official.
When knife-wielding terrorists attacked civilians on London Bridge, a key US intelligence unit raced to help — but found they were shut out of critical classified computer networks. The problem has hampered several antiterrorist efforts and prevented the unit from fully complying with the Senate investigation into Donald Trump and Russia.
The Treasury Department "seeks to move from the shadows the historically covert financial operations of marijuana businesses."