On July 16, 2024, the Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and the Federal Bureau of Investigation (FBI) jointly issued a notice on timeshare fraud associated with Mexico-based transnational criminal organizations.

To know more: https://www.fcctimes.com/2024/07/16/fincen-alerts-financial-institutions-to-mexico-based-cartels-timeshare-fraud-schemes/?utm_source=LinkedInText&utm_medium=FCCRegUpdate_13Aug24