Intl. banks connected to $2 trillion in suspicious transfers tied to Syrian war, terrorism, money laundering & drug cartels, according to FinCEN Files - includes comments
The FinCEN Files, a collection of thousands of “suspicious activity reports” and other US government documents, reveal suspicious transactions linked to money laundering, terrorism, rights abuses, and criminal activity. Many of these transactions have been linked to the violent conflicts, including those in Syria and Sudan.
According to Buzzfeed reporting, "In all, suspicious activity reports in the FinCEN Files flagged more than $2 trillion in transactions between 1999 and 2017. Western banks could have blocked almost any of them, but in most cases they kept the money moving and kept collecting their fees."
The report continues: "Money laundering is a crime that makes other crimes possible. It can accelerate economic inequality, drain public funds, undermine democracy, and destabilize nations — and the banks play a key role. Some of these people in those crisp white shirts in their sharp suits are feeding off the tragedy of people dying all over the world"...
Buzzfeed has included company responses.