Replies to post #212439 on Just Politics

[delerious1]

somehow I doubt the source of that "article"

[BullNBear52]

Hey genius. I used to do that for a living. I'm sure the Treasury has some on file for Trump considering he has to pay his lawyers in CASH.

BTW the IRS is not responsible for the BSA/SAR reporting since it is a separate branch of the Treasury.

And it appears that now Comer has broken the law by releasing the info on Twitter.

The reports are highly confidential. And he should have known that.

Now can we see Trump's SARs and Jared's reports. I can't believe how stupid you are.

How confidential are suspicious activity reports?
The effectiveness of a SAR report is connected to the extreme confidentiality required for such reporting. At no time is the person under investigation told about the pending report. Likewise, any discussion with outside groups such as media companies is considered an unauthorized disclosure and is a federal criminal offense. When a bank or financial institution files a SAR, they are required to take significant steps to ensure the information provided is reviewed at multiple stages by financial investigators, company management, and attorneys before finalizing the SAR. Maintaining a high level of confidentiality is vital. As a result. there are special privileges that protect people who submit suspicious activity reports, whether as a part of a company or on their own. The individual (or organization) is not required to disclose their name and are immune to the discovery process. All reporters receive immunity for statements made in the SAR.