There are some exposed and leaked papers that involve almost two trillion dollars of transactions. It went viral and also disclosed that some world’s largest and major banks have been allowing criminals and illegal parties to locomote their black money across the world. The leaks also revealed that the Russians mafia and officials who run the country have been using such banks to prevent penalties that were assumed to prevail them from dragging their money into the west.
It is the current records which are leaked for the last many years that disclosed top secrets, illegal money transfers, and money related crimes. It has been a record leak in the history of the United States. The FinCEN files are actually almost 2500 different leaks.
Among them, many are the records that banks share with US officials for almost 17 hours. These records are among the top secured secrets of the International banking system.
Banks utilize these systems to prevent doubtful actions but they are not evidence of any criminal activity or any misconduct. The FinCEN files were disclosed to Buzzfeed News and also they were provided to a lot that gathers inquiry reporters and investigation officers from all across the world.
The leaks were shared with almost 110 news stations and firms in around 88 different countries. It also provided to BBC programs. Many of the reporters and analysts are solving the riddles and the deep documentation of this issue. They are also working to unveil some of the bad doings of International banks that they do not want the people in the world to know.
FinCEN is basically a network of United States about Business Crimes administration. The network comprises of people who fight against such money-related crimes. The matters related to US dollars transactions are passed through FinCEN even if they are done outside of the territory of the US.
The papers also showed some incredible amounts of money involved in trafficking. The records in FinCEN papers show about 2 trillion dollars of transactions. The FinCEN leaks are different this time because they are not mere papers of one or two firms but they are secrets of several banks.