WASHINGTON– Suspicious Activity Report (SARs) filings to Financial Crimes Enforcement Network (FinCEN) reveal that this year’s filings – more than one-million through June – are on pace to exceed the 2022 total of some 1.8 million filings, according to the Treasury Department.
According to Treasury, the new figures reveal a total of 1,827,917 SARs filed by depository institutions in 2022, up more than 400,000 from the year before. In 2023, a total of 1,002,463 SARs have been filed through the first six months of the year, more than half of the total filed in al of 2022.
The full finds can be found here.
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