On Wed, 12 Mar 2008 14:17:33 +0000, Short Wave Sportfishing wrote:


There is a requirement to report activity over $10,000, but there is
also software to report "suspicious" activity - which I would think is
kind of a behavior monitoring software that raises flags when it's
repeated over time.

Yup, and if you are a PEP (politically exposed person), the flags are
looked at a little more closely. One of the public radio stations had a
segment on this. According to that report (don't quote me, I wasn't
paying close attention), *all* customers are given a PEP rating. Say you
are a Pakistani general, or a New York Governor, if any suspicious
activities are flagged by the software, they are looked at a little
closer. However, my understanding of this incident, it wasn't the
software, but human action that caused the flags.