FinCEN Files Reveal $2 Trillion in Suspicious Banking Transactions

confirmed Importance 9/10 ~1 min read 3 sources 12 actors

Media Capture & Control Regulatory Capture Financial Capture Intelligence Penetration International Kleptocracy

On September 20, 2020, BuzzFeed News and the International Consortium of Investigative Journalists (ICIJ) published the FinCEN Files, exposing over $2 trillion in suspicious financial transactions between 1999 and 2017. The investigation, involving 2,657 leaked documents and 2,121 suspicious activity reports (SARs), revealed systematic failures in global anti-money laundering systems. Major banks like JPMorgan Chase, Deutsche Bank, and HSBC consistently moved money for suspected criminals, corrupt officials, and fraudulent networks, treating these transactions as mere compliance paperwork rather than genuine financial crime prevention.

Sources & Citations

[1] FinCEN Files Investigation Tier 2

[2] FinCEN Files Show Criminals Moved Billions As Banks Watched Tier 2

[3] ICIJ's FinCEN Files Expose How Banks Turn a Blind Eye to Suspicious Transactions Tier 2

Tiers Tier 1 court records & gov docs · Tier 2 established outlets · Tier 3 regional & specialty press · Tier 4 opinion or single-source. Methodology →

Cite this entry

The Cascade Ledger. “FinCEN Files Reveal $2 Trillion in Suspicious Banking Transactions.” The Capture Cascade Timeline, September 20, 2020. https://capturecascade.org/event/2020-09-20--fincen-files-reveal-2-trillion-in-suspicious-banking-transac/