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A SAR just means activity is suspicious. That's it - a SAR is not by itself evidence of wrongdoing, just a report to take a deeper look. "Hey, this persons mak
by vorpalhex 6y ago
A SAR just means activity is suspicious. That's it - a SAR is not by itself evidence of wrongdoing, just a report to take a deeper look.
"Hey, this persons makes mostly foreign transactions with vague companies" is a SAR. That's not a crime, and it may not be criminal behavior - it's just an indicator that someone should look closer.
Can you imagine if your bank closed your account and refused to do business with you, without any kind of trial or notification, just because you did something that triggered a fraud measure?
Or to put this another way, how many times have you had to call your credit card provider because they stopped a transaction just because it was suspicious, even when it wasn't?
- oasisbob 6y ago> how many times have you had to call your credit card provider because they stopped a transaction just because it was suspicious, even when it wasn't? Ugh. I'd pay more for a credit card which didn't block my own transactions. Using a US credit card abroad can be seriously frustrating. The only thing worse than rapidly increasing airfares on small airlines with websites which barely work is when your credit card refuses to complete the transaction, requiring multiple international phone calls to resolve.
- greggman3 6y agoI've had that happen too many times. I've had basically good luck with Capital One provided I tell them in advance which country I'll be in. I think at this point they let me set that online.
- TallGuyShort 6y agoOr to put it another way, how do you like it when your content gets DMCA'd with no investigation and no recourse, because the enforcer doesn't want the liability and can't actually investigate? That's what would happen is SARS had to be treated as though they were proof of crimes.