Originally posted by Unregistered
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What's there to clarify? Access to SARS are either bank employees or government employees. In either case the leaker could face up to five years in prison and a $250,000 fine.
From Bloomberg: "Banks are required to keep all SARs for five years in their computers, according to Sanford Brown, a partner at Alston & Bird law firm and former bank regulator."
"Prosecutions involving the disclosures of suspicious activity reports are rare, largely because misuse of the FinCEN database is rare. But some people who work with the database say the leaker will be identified and almost certainly charged.
“The leaker is taking an extraordinary personal risk for greater transparency,” said Duncan Levin, a former federal and state prosecutor who dealt extensively with the FinCEN database. “Whoever did this has added immeasurably to the public conversation and likely knows full well how much legal risk he or she is now facing.”
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