FinCEN Releases Commercial Real Estate Fraud Analysis

by 30 Mar 2011
VIENNA, Va. - The Financial Crimes Enforcement Network (FinCEN) today released its analysis of suspicious activity reports (SARs) that call attention to possible fraud in the commercial real estate financing arena.

The analysis, Commercial Real Estate Financing Fraud Suspicious Activity Reports by Depository Institutions found that reported incidences of suspicious activity in commercial real estate financing as reported by depository institutions filing SARs almost tripled between 2007 and 2010, the period which FinCEN examined.


Should CFPB have more supervision over credit agencies?