Financial Institution Fraud - Criminal Investigation (CI)



Criminal Investigation’s (CI) Financial Institution Fraud Program, addresses criminal violations involving fraud against banks, savings and loan associations, credit unions, check cashers, and stockbrokers. Criminal Investigation is a major contributor in the effort to combat financial institution fraud, and the United States Attorneys’ recognize CI’s financial investigative expertise in this complex area.

The ability to bring income tax and money laundering charges augments prosecutor’s effectiveness in combating fraud committed against financial institutions, whether the violators work within or outside of the financial institution.

Currency Transaction Reports and Suspicious Activity Reports continue to be an effective source of information regarding financial institution fraud. Criminal Investigation follows up on Currency Transaction Reports and/or Suspicious Activity Reports with the reporting financial institution. Direct contact is made with the financial institution, enhancing the constructive and cooperative relationship CI has established with the banking industry.

Statistical Data
Financial Institution Fraud enforcement statistics on investigations initiated, prosecutions recommended, indictments, sentenced investigations, and months to serve in prison.

Examples of Financial Institution Fraud Investigations
Examples are written from public record documents on file in the court records in the judicial district in which the cases were prosecuted. 


How to Report Suspected Tax Fraud Activities