MSB-CB-003Critical Risk
customer behavior
Red Flag
Politically Exposed Person (PEP) or a close associate conducts large cash transactions that appear disproportionate to their known sources of income or legitimate wealth.
Industry
Money Services Businesses
Transaction Type
cash
Customer Type
PEP
Category
Regulatory Source
Document:Kleptocracy Advisory
Type:FinCEN Advisory
CFR Citation:31 CFR §1010.630
SAR Category:PEP concern
FinCEN Key Term:PEP
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.