Case SARs (Suspicious Activity Reports)

Suspicious Activity Reports (SARs) are formal documents that financial institutions or other regulated entities file with authorities when they detect activities that may indicate illegal behavior, such as money laundering, fraud, or terrorism financing. These reports help law enforcement monitor and investigate potential crimes by highlighting unusual transactions or patterns that warrant further scrutiny. Filing a SAR is a legal requirement designed to prevent criminal activity while maintaining confidentiality, ensuring that potential threats are flagged without alerting the suspects.