FinCEN Files leaked - US government investigation into massive $2Tn bank transfers

[Jimgward]

https://www.bbc.co.uk/news/uk-54226107

FinCEN Files: All you need to know about the documents leak
42 minutes ago
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Leaked documents involving about $2tn of transactions have revealed how some of the world's biggest banks have allowed criminals to move dirty money around the world.
They also show how Russian oligarchs have used banks to avoid sanctions that were supposed to stop them getting their money into the West.
It's the latest in a string of leaks over the past five years that have exposed secret deals, money laundering and financial crime.
What are the FinCEN files?
The FinCEN files are more than 2,500 documents, most of which were files that banks sent to the US authorities between 2000 and 2017. They raise concerns about what their clients might be doing.
These documents are some of the international banking system's most closely guarded secrets.
Banks use them to report suspicious behaviour but they are not proof of wrongdoing or crime.
They were leaked to Buzzfeed News and shared with a group that brings together investigative journalists from around the world, which distributed them to 108 news organisations in 88 countries, including the BBC's Panorama programme.
Hundreds of journalists have been sifting through the dense, technical documentation, uncovering some of the activities that banks would prefer the public not to know about.


Interestingly, the UK is called a "higher risk jurisdiction" like Cyprus, according to the intelligence Division of FinCEN. That's because of the number of UK registered companies that appear in the SARs. Over 3,000 UK companies are named in the FinCEN files - more than any other country.

[PhotoLady]

It's disgusting, especially after all the rigmarole of questions we went through when we returned to UK with a nice lump sum in our account...

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This one list the corruption of Russian donors to the Tory party and the sources of their funds

https://www.bbc.co.uk/news/uk-54228079
FinCEN Files: Tory donor Lubov Chernukhin linked to $8m Putin ally funding