When Bank of America alerted financial regulators in 2020 to potentially suspicious payments from Leon Black, the billionaire investor, to Jeffrey Epstein, the disgraced financier, the bank was following a routine practice.
The bank filed two “suspicious activity reports,” or SARs, which are meant to alert law enforcement to potential criminal activities such as money laundering, terrorism financing or sex trafficking. One was filed in February 2020 and the other eight months later, according to a congressional memorandum reviewed by the New York Times.
SARs are expected to be filed within 60 days of a bank spotting a questionable transaction.
But the warnings in this case, according to the congressional memo, were not filed until several years after the payments, totaling $170 million, had been made. By the time of the first filing, Epstein had been dead for six months, after taking his life in jail following his arrest on federal sex trafficking charges. more
Wait a minute….
Jeffery Epstein killed himself?
“Epstein had been dead for six months, after taking his life in jail following his arrest on federal sex trafficking charges.”
That tells you that officers and board members of BOA are listed in the roster of participants in sexual exploitation of minors.
Here’s how to sort them out. Look at their donations to Democrat politicians and the usual suspects among the Republican establishment. That tells you all you need to know to make an accurate assessment of which ones were involved.
Stank of America…
It’s probably nothing, really.
“SARs are expected to be filed within 60 days of a bank spotting a questionable transaction.”
Soooooooo … SARs are just a suggestion? And the 60-day-thing is only an expectation?
Hmmmmmmmm … I wonder if that’s how my taxes work?