Schemes news and trends

FIs Advised To Be On The Lookout For Imposter Scams, Money Mule Schemes

July 07, 2020
FinCEN Warns Of Imposters, Money Mule Schemes
Quick Reads
FIs Advised To Be On The Lookout For Imposter Scams, Money Mule Schemes

July 07, 2020
The U.S. Treasury Department’s financial crime unit has alerted financial institutions (FIs) about imposter scams arising during the COVID-19 pandemic.   On Tuesday (July 7), the Financial Crimes Enforcement Network (FinCEN) issued an advisory to enhance efforts by FIs to stop suspected illegal activity. Given that many scammers may be targeting customers as opposed to banks, financial […]