There are so many different types of suspicious activity that it can seem overwhelming, especially when you are tasked with training employees on what to look out for. FinCEN publications are a great way to stay up on current happenings but, sometimes, it’s good to go back to the basics. The Suspicious Activity Report (SAR) form itself is a great place to start. Part II of the form includes numerous types of suspicious activity from structuring to identify theft and so much more. For example, under “Fraud” some of the options you can select are mass-marketing, Ponzi scheme and pyramid scheme. Do your people know what mass-marketing fraud is? Do they know the different between a Ponzi scheme and a pyramid scheme? If they don’t know what something is, they can’t be looking out for it.
Kevin discusses some types of suspicious activity in the video:
Published
2025/08/19
