The Financial Crimes Enforcement Network (FinCEN) has issued an advisory to financial institutions on illicit financial schemes related to the trafficking of fentanyl and other synthetic opioids.
The advisory is intended to help banks detect and report illicit activity that is perpetuating the ongoing opioid crisis.
Read on for more details from FinCEN, which listed red flags that justify filing a Suspicious Activity Report (SAR) for possible opioid trafficking.
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