Tag: suspicious_activity

Federal Reserve Announces Enforcement Action Against American Express Over Suspicious Activity Reporting

8 Oct 2026 4:37 p.m. · Source: US Federal Reserve

The Federal Reserve Board has announced an enforcement action against American Express Company, citing its failure to sufficiently detect and report certain suspicious activity tied to money laundering.

Business Law Enforcement USA Banking Legal Financial Markets Federal Reserve American Express Company enforcement action money laundering suspicious activity Board of Governors U.S. Federal Reserve
FinCEN Alerts Financial Institutions to Federal Student Aid Fraud Schemes

24 Jul 2026 10:45 a.m. · Source: Financial Crimes Enforcement Network

FinCEN has issued an alert to financial institutions, urging them to detect, prevent, and report fraud schemes targeting federal student aid programs. This action aims to protect government-administered student assistance from illicit exploitation.

Politics and Government Business Law Enforcement Federal Government Economy Legal Education Financial Markets Financial Crimes Enforcement Network Federal Student Aid Fraud Schemes Financial Institutions Suspicious Activity U.S. Department of the Treasury Student Aid Programs