FinCEN

02 FinCEN launched a webpage for whistleblower tips on fraud, money laundering, and sanctions violations.

03 SARs are the catalyst in the investigation of a $13.1 million tax fraud conspiracy.

04 Financial institutions must ensure that AI and machine learning systems used for AML/CFT compliance are subject to appropriate human oversight and provide sufficient explainability to support supervisory review.

05 Imposter scams involve fraudsters impersonating government agencies or trusted entities to obtain money or sensitive information.

06 FinCEN announced recipients of its 11th Law Enforcement Awards Program.

07 Financial institutions should detect and report illicit activity related to illegal aliens.

08 UBS entered into Consent Order Number 2026-02 with FinCEN.

09 Mail theft is a significant enabler of check fraud in the United States.

10 FinCEN issued Consent Order Imposing Civil Money Penalty, Number 2022-01.

11 REPORTED SUSPICIOUS ACTIVITIES

12 UBS was fined $125 million over lax money laundering controls.

13 FinCEN issued a supplemental alert on fuel smuggling and tax evasion schemes associated with Mexico-based cartels operating on the southern border.

14 FinCEN has identified coordinated fraud schemes targeting federal student aid programs using synthetic identities and third-party application mills.

15 Mortgage Fraud

16 FinCEN issued Advisory FIN-2026-A002 on June 5, 2026.

17 FinCEN issued a Geographic Targeting Order targeting fraud-related financial activity in Minnesota.

18 INTELLIGENCE REPORT    FinCEN.gov

19 FinCEN published FAQs related to its Geographic Targeting Order concerning money laundering and fraud in Minnesota on August 7, 2026.

20 FinCEN renewed the Minnesota Geographic Targeting Order.

21 Companies formed or registered in the United States must report beneficial ownership information to FinCEN.

22 FinCEN issued advisories relevant to AI and financial crime.

23 AI is enabling increasingly sophisticated and scalable financial crime.