Regulatory Alerts2023-02-27 | FIN-2023-Alert003Added
FinCEN Alert on Nationwide Surge in Mail Theft-Related Check Fraud Schemes Targeting the U.S. Mail
Financial institutions are requested to reference the alert in Suspicious Activity Reports by including the key term FIN-2023-MAILTHEFT in SAR field 2 and the narrative, and by selecting SAR Field 34d for check fraud. The alert provides red flags to assist in identifying mail theft-related check fraud and reminds institutions of their Bank Secrecy Act reporting obligations. It also directs victims to the United States Postal Inspection Service hotline and recommends referring customers to USPIS resources for mail theft prevention.
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