Comments posted organically
SelectSmart.com Homepage
Display Order:

Russia is even more furious over vote by Congress to support Ukraine than MTG.
Politics by Curt_Anderson     April 21, 2024 6:09 pm (Rating: 0.0) Last comment by: oldedude (1 comments) [36 views]


Anonymous comments regarding the Presidential Candidate Selector
President by Curt_Anderson     March 19, 2024 10:10 am (Rating: 0.0) Last comment by: Curt_Anderson (22 comments) [1059 views]


Minutes after Trump said he wouldn’t run and hide, he runs and hides.
Politics by Curt_Anderson     April 21, 2024 5:13 pm (Rating: 0.0) Last comment by: Indy! (1 comments) [47 views]


I don't care what anybody says. Trump's trials won't help his poll numbers.
Politics by Curt_Anderson     April 21, 2024 9:46 am (Rating: 0.0) Last comment by: Indy! (11 comments) [197 views]


We don’t really know Joe Biden or Donald Trump. Maybe we should listen to those who do.
Politics by Curt_Anderson     April 21, 2024 1:23 pm (Rating: 0.0) Last comment by: Curt_Anderson (4 comments) [180 views]


According to Frank Luntz, pb is young at heart and ahead of his time
Politics by HatetheSwamp     April 20, 2024 12:52 pm (Rating: 0.0) Last comment by: HatetheSwamp (3 comments) [242 views]


The Oval Office Oaf is starting to win me over. I...DO...choose freedom over democracy.
President by HatetheSwamp     April 21, 2024 6:36 am (Rating: 0.0) Last comment by: HatetheSwamp (2 comments) [484 views]


Politifact finally gets one right...
President by HatetheSwamp     April 19, 2024 1:39 pm (Rating: 0.0) Last comment by: HatetheSwamp (2 comments) [205 views]


House passes HR 8035...$60 Billion Ukraine Aid Package
Government by HatetheSwamp     April 20, 2024 11:15 am (Rating: 0.0) Last comment by: HatetheSwamp (2 comments) [53 views]


Israel has carried out a strike inside Iran, US official tells CNN, as region braces for further escalation
Military by HatetheSwamp     April 19, 2024 3:31 am (Rating: 0.0) Last comment by: oldedude (2 comments) [327 views]


Education selectors, pages, etc.
SARs for Dummies as explained by Rep. James Comer (R-Ky.)
By Curt_Anderson
November 30, 2022 4:27 pm
Category: Education

(0.0 from 0 votes)
Rules of the Post

SelectSmart.com SelectSmart.com SelectSmart.com


Rate this article
5 Stars
4 Stars
3 Stars
2 Stars
1 Star
0 Stars
(5=best, 0=poor)

Rep. Comer will be the chair of the House Oversight Committee. He posted on the committee’s website a letter (link below) from the Treasury Department which in part says:

"These suspicious activity reports (SARs) and other BSA reports filed with the Financial Crimes Enforcement Network (FinCEN) contain details of financial transactions and other sensitive, nonpublic information. This is preliminary and unverified tip-and-lead information on possible violations of law."



According to a Treasury Department report submitted to Congress, there about 2.5 million to 3.5 million SARs are submitted annually to FinCEN (link below). No, Virginia, there are not 2.5 million to 3.5 million financial crimes uncovered annually because of SARs.

Cited and related links:

  1. republicans-oversight.house.gov
  2. home.treasury.gov
  3. washingtonpost.com

Comments Start Below


The views and claims expressed by contributors are their own and do not necessarily reflect the views and beliefs of SelectSmart.com. Not every statement made here can be assumed to be a fact.
Comments on "SARs for Dummies as explained by Rep. James Comer (R-Ky.)":

  1. by oldedude on November 30, 2022 6:09 pm
    So he's as stoopid as you. The "unverified data" are transactions that banks keep to PROVE transactions have been made. Again. You're stoopid enough to get information from someone that has never worked in the banking industry explain that to you. That's pig ignorant (thank you pondy once again).


  2. by Curt_Anderson on November 30, 2022 6:20 pm
    OD,
    "Stoopid" James Comer is the one who said, "Hunter Biden’s committed serious crimes". You seem to agree with him.


  3. by oldedude on November 30, 2022 7:05 pm
    Okay. and that means what? since you're so fukking schooled on banking law?


  4. by oldedude on November 30, 2022 7:19 pm
    I'm not asking for what THEY "know", I'm trying for you to understand what you DON"T know. You know jack and sht about banking law. Your ONLY reprieve is to blame others for what they say, not what you know. This is a genre I know. In the legal sense. I made legal decisions about this for 10 years. You're not even a novice. You're a poser.


  5. by Curt_Anderson on November 30, 2022 8:39 pm
    There is a good reason to show what THEY know rather than what person posting here purports to know. The "THEY" are reliable sources, which could be the wording on Treasury Department webpage, the language of a constitutional amendment, a quote of a member of Congress, the exact language of a bill, a respected news site, etc.

    In a forum like this, we generally don't really know who other people are. For all we know, you could be a 15 year-old girl. You can claim you are expert in some field but it doesn't mean much if you cannot support your claims with a link to reliable source(s). Especially when reliable sources contradict you. It doesn't help your case to "source" a supposed friend to back up your claims.



  6. by oldedude on December 2, 2022 12:51 pm
    It's not. Trust me. AML is a Huge issue and stands alone.

    Look for another reference. That one is bullsht.


Go To Top

Comment on: "SARs for Dummies as explained by Rep. James Comer (R-Ky.)"


* Anonymous comments are subject to approval before they appear. Cookies Consent Policy & Privacy Statement. All Rights Reserved. SelectSmart® is a registered trademark. | Contact SelectSmart.com | Advertise on SelectSmart.com | This site is for sale!

Find old posts & articles

Articles by category:

SelectSmart.com
Report spam & abuse
SelectSmart.com home page