Page 65 - Activity Reports News Today

You have to expect is going to be profound media interest. answering like that doesnt help. >> tucker: i respect law enforcement but if you want to respect, behave in a way that earns it. quickly, this guy, its not impossible paddock came to the attention of federal authorities. gambling winnings are reported over a certain number. no one has asked exactly. had he come to the attention of federal authorities? do you think its possible they knew who he was? >> yeah, once you deposit $10,000 or mo...

Things described over and over again as relevant records here. what do those two things mean? >> so, with 314-a, basically, thats -- fincen getsts authority to collect information under the statue which refers back to the u.s. patriot act. so under 314-a, fincen regulates banks or financial institutions, not just banks. it could be like a western union-type organization. but they have the authority to regulate them. and what that means is basically they can require financial institutions to prov...

Reported in something called the currency transaction report. so the currency transaction report data, the suspicious activity data gets collected and then fincen has the ability to analyze it. >> okay. >> so whats interesting about what fincen does as opposed to, say, the fbi, they are already collecting that information. its housed there. and so then its just a matter of combing through it as you do with other types of intelligence to figure out what kinds of information you can piece together...

Information with respect to what are called suspicious activity reports or currency transaction reports. so, for example, everybody has heard of that rule where if you -- at a bank if you go in and try and deposit over $10,000, that sort of sets off a red flag and so that would be reported in something called the currency transaction report. so the currency transaction report data, the suspicious activity data gets collected and then fincen has the ability to analyze it. >> okay. >> so whats int...

Its been an impenetrable part about this. >> thank you. >> that is fascinating. so they want those suspicion thousand activity reports. they want those flash notices about things that might be related to terrorism or financing or whatever and if anything would be relevant to the trump/russia investigation. that doesnt mean the treasury department is out there as fincl cops looking for this stuff. they collect it all the time. its a mter of someone going through the records to see if theres a mat...

Before comey was fired the committee was hearing from him, getting updates about the investigation as well. >> shane, does this mean that the treasury department that this financial crimes unit has been investigating the connections between trump and his business empire and his associates and russia? or does this mean that part of the treasury department is sort of a repository of this kind of information and its where you would go to get it if you were an outfit outside the treasury department ...

This financial crimes unit has been investigating the connections between trump and his business empire and his associates and russia? or does this mean that part of the treasury department is sort of a repository of this kind of information and its where you would go to get it if you were an investigators outside the treasury department looking for that type of information? >> its the latter. finsa has this information and its there for investigative purposes. things like bank transaction recor...

Most important last news last week, even more than the comey firing. they have enforcement network. its kind of like the fbi of the treasury department. and every single day they collect something called suspicious activity reports from banks, casinos, all sorts of financial institutions all around the country and around the world. and this is part of a global consortium of hundreds of agencies like this. these are just -- they just form a repository, someone called it the google of financial cr...

And every single day they collect something called suspicious activity reports from banks, casinos, all sorts of financial institutions all around the country and around the world. and this is part of a global consortium of hundreds of agencies like this. these are just -- they just form a repository, someone called it the google of financial crime, until someone starts investigating. now, five years ago, eight years ago, trump organization was a relatively small player in new york real estate, ...

Anger, but now we see black lives matter in certain chapters. all these grew after last summer with michael brown. >> a lot of this is built on concerns of how the police operate. the view, then, is some of the policing of the movement itself may be biased or be a reaction. bit h but how do you actually figure out this is the case or public safety? >> its hard to know and actually trace how the surveillance is impacting peoples ability to organize and speak. but the probability that thats happen...