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Press Releases

Members of the media may email inquiries or interview requests to press@fincen.gov.

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FinCEN Assesses Suspicious Activity Involving Title and Escrow Companies

VIENNA, Va. - Pressing forward in its efforts to address a wide range of criminal risks, particularly in the residential real estate market, the Financial Crimes Enforcement Network (FinCEN) today released its first targeted study analyzing reports indicating suspicious activities involving the…

FinCEN Assesses Suspicious Activity Involving Title and Escrow Companies

VIENNA, Va. - Pressing forward in its efforts to address a wide range of criminal risks, particularly in the residential real estate market, the Financial Crimes Enforcement Network (FinCEN) today released its first targeted study analyzing reports indicating suspicious activities involving the…

FinCEN Announces July 31st Public Hearing on its ANPRM on Customer Due Diligence Requirements for Financial Institutions

To seek further clarification on issues raised, FinCEN is announcing the first in an intended series of public hearings to continue gathering information on its…

FinCEN Marks the End of Paper SARs and CTRs

VIENNA, Va. – A Financial Crimes Enforcement Network (FinCEN) requirement that becomes effective next week will result in significant cost savings to the U.S. Government, to financial institutions, and ultimately to U.S. taxpayers. As of Sunday, July 1, 2012, FinCEN forms must be electronically…

SIGTARP: Operator of Virginia-Based Mortgage Modification Scam Sentenced to 7½ Years in Federal Prison
Department of Justice News Release: Mortgage Fraud Summits Arm Distressed Homeowners with Information to Protect Them from Scams
California, Nevada, Florida Top Mortgage Fraud SAR List Criminals Continuing Debt Elimination and Foreclosure Rescue Scams

VIENNA, Va. – The Financial Crimes Enforcement Network today released its First Quarter 2012 Update of mortgage loan fraud suspicious activity reports (MLF SARs) that shows California, Nevada, and Florida leading the nation in the…

FinCEN Supports Efforts to Raise Awareness of Elder Financial Exploitation

FinCEN joins with other Federal, State, and local government agencies and consumer protection organizations in recognizing World Elder Abuse Awareness Day. FinCEN…

Department of Justice News Release: Former Chief Financial Officer of Taylor, Bean & Whitaker Sentenced to 60 Months in Prison for Fraud Scheme

 

Department of Justice News Release: Check Cashers in Brooklyn, Philadelphia and Los Angeles Charged for Alleged Violations of Anti-Money Laundering Laws
Department of Justice News Release: Allen Stanford Sentenced to 110 Years in Prison for Orchestrating $7 Billion Investment Fraud Scheme
Department of Justice News Release: Texas Resident Sentenced to 15 Months in Prison for Scheme to Defraud the U.S. Export-import Bank
FinCEN to Receive Currency Reports from Clerks of Court Information Collection Will Not Increase Costs

VIENNA, Va. – The Financial Crimes Enforcement Network (FinCEN) today released a new rule, Requirement That Clerks of Court Report Certain Currency Transactions, requiring clerks of court to file currency reports with…

USAO Southern District of Florida News Release: Former Palm Beach County Branch Bank Manager Sentenced for Structuring Financial Transactions to Avoid Filing Currency Transaction Reports
USAO Southern District of Florida News Release: Former Palm Beach County Branch Bank Manager Sentenced for Structuring Financial Transactions to Avoid Filing Currency Transaction Reports