AUTO-TM-001High Risk
transaction monitoring
Red Flag
Customer purchases a vehicle with cash and immediately requests that the title be transferred to a third party with no familial or documented relationship, suggesting a straw buyer arrangement.
Industry
Auto Dealers
Transaction Type
cash
Customer Type
individual
Category
Regulatory Source
Document:FIN-2009-G002 Auto Dealers
Type:FinCEN Guidance
CFR Citation:31 CFR §1027.210
SAR Category:Suspicious activity
FinCEN Key Term:Straw Buyer
Last Verified:2026-04-15
This red flag is provided for informational and educational purposes only. It is not legal, regulatory, or compliance advice. Always consult the official source document and a qualified compliance professional for guidance specific to your situation.