Newsroom

| Speech
Good morning. I would like to thank ACAMS for inviting me to be a part of its anti-money laundering (AML) and financial crimes conference again this year. I would like to spend a few minutes this morning discussing an area of longstanding concern at FinCEN: money laundering through real estate. As…
| News
WASHINGTON, DC – The Financial Crimes Enforcement Network (FinCEN) today announced a $1 million civil money penalty against Sparks Nugget, Inc. d/b/a John Ascuaga’s Nugget, of Sparks, Nevada. Sparks Nugget admitted that it willfully violated the anti-money laundering (AML) provisions of the Bank…
| News
WASHINGTON, DC – The Financial Crimes Enforcement Network (FinCEN) today proposed to amend the Bank Secrecy Act’s (BSA) definition of “Broker or Dealer in Securities” in order to ensure that funding portals implement policies and procedures reasonably designed to achieve compliance with the BSA…
| Special Measure
| News
WASHINGTON, DC – The Financial Crimes Enforcement Network (FinCEN) today imposed a civil money penalty (CMP) against Thriftway Food Mart and its owner and compliance officer, Kustandy Rayyan, for willful and repeated violations of the Bank Secrecy Act (BSA). Mr. Rayyan has admitted to conduct that…