Is this like the X-Files fictional Sci-fi series?
Oh no, though it is quite scintillating and has a great deal of intrigue and mystery enmeshing large global and all major Indian banks. The FinCEN Files, essentially, are based on more than 2,100 secret reports filed by nearly 90 banks and other financial players and submitted to the US Treasury Department’s Financial Crimes Enforcement Network. So, FinCen, you get it?
It reveals over $2 trillion suspect funds flowing through the financial system between 1999 and 2017. The cache of suspicious activity reports (SARs) were obtained by BuzzFeed News and shared with the International Consortium of Investigative Journalists. ICIJ’s investigation throws up names of ‘big daddy’ banks such as JPMorgan Chase, HSBC, Standard Chartered Bank, Deutsche Bank and Bank of New York Mellon. The top in the SARs report by amount are Deutsche Bank — $1.3 trillion — and JPMorgan — $514