References in periodicals archive ?
FinCEN found that suspicious activities of mortgage-loan fraud subjects most often reported in the SAR types reviewed were money laundering and transactions apparently structured to avoid currency transaction-reporting requirements--accounting for 85 percent of SAR-MSBs, 47 percent of SAR-Cs and 28 percent of SAR-SFs.
Approximately 70 percent of the examined SAR-MSBs described suspicious wire transfers, and 34 percent of those reports described transfers to foreign countries.