FinCEN Issues Alert on Bulk Cash Smuggling and Repatriation by Mexico-based Transnational Criminal Organizations
Reported by FinCEN The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an Alert on bulk cash smuggling and repatriation by Mexico-based Transnational Criminal Organizations (TCOs), urging financial institutions to be vigilant to such activity. The Alert discusses transactions potentially related to the cross-border smuggling of bulk cash from the United States into Mexico […]