FinCEN Awards Recognize Law Enforcement Success Stories Supported by Bank Secrecy Act Reporting


The Financial Crimes Enforcement Network (FinCEN) held its third annual Law Enforcement Awards ceremony today at the U.S. Department of the Treasury.  FinCEN presented awards to law enforcement agencies that use Bank Secrecy Act reporting provided by financial institutions in their criminal investigations.  The goals of the program are to recognize law enforcement agencies that made effective use of financial institution reporting to obtain a successful prosecution, and to demonstrate to the financial industry the value of its reporting to law enforcement.  The program emphasizes that prompt and accurate reporting by the financial industry is vital to the successful partnership with law enforcement to fight financial crime.

The 2017 award recipients are listed below

Third-Party Money Launderers:  Immigration and Customs Enforcement Homeland Security Investigations (HSI)

Significant Fraud: Defense Criminal Investigative Service (DCIS)

SAR Review Task Force: New York State Police

Transnational Security Threats: Federal Bureau of Investigation (FBI)

Transnational Organized Crime: Federal Bureau of Investigation (FBI)

Cyber Threats: Internal Revenue Service-Criminal Investigation (IRS-CI)