Feds Provide New Guidance to Help Marijuana Banking

By: Friday February 14, 2014 4:14 pm

The federal government has potentially made it easier for state legal marijuana business to get access to banks. As promised the Financial Crimes Enforcement Network (FinCEN) put out a new memorandum providing guidance to financial institutions.


As Bitcoin Becomes Billion Dollar Market America Moves for Crackdown

By: Friday March 29, 2013 3:32 pm

The bitcon market has officially crossed the billion dollar mark. It was a mere two years ago that bitcoins were introduced as an alternative currency to those controlled by States. Bitcoins are decentralized and digital using peer to peer technology – a truly free market.

Ignore those Suspicious Activity Reports

By: Sunday July 29, 2012 10:30 am

It would be great if banks had a duty not to participate in fraud. But that would be an entirely different world, now wouldn’t it?

Why Aren’t Geithner And Holder Acting On Failure To File Suspicious Activity Reports On Mortgage Fraud?

By: Saturday February 5, 2011 11:50 am

The Final Report of the Financial Crisis Inquiry Commission talks about Suspicious Activity Reports, but doesn’t connect the dots. Neither did FinCEN, the federal agency responsible for handling them, or Timothy Geithner, who is in charge of FinCEN, or Eric Holder, the AG, charged with prosecuting mortgage fraud and failure to file SARS, among other things.

Follow Firedoglake
CSM Ads advertisement