Are Banks Reporting State Governments To Uncle Sam For SARs? – ValueWalk Premium

Are Banks Reporting State Governments To Uncle Sam For SARs?

Are Banks Reporting State Governments To Uncle Sam For SARs? by Bipartisan Policy Center

The Bank Secrecy Act (BSA) requires banks to file reports when they suspect their customers of making transactions using money derived from illegal activities. But what if the customer is a state government? That might seem impossible, but consider what happens when a state government deposits tax revenue obtained from . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk

The top investors are reading ValuewalkPremium.

Click here to learn why

0