MSB-CF-003Critical Risk
cyber/fraud
Red Flag
Customer receives funds and is instructed to convert them to virtual currency and send to a specific wallet address as part of a job offer, romance scheme, or investment opportunity.
Industry
Money Services Businesses
Transaction Type
wirecrypto
Customer Type
individual
Category
Regulatory Source
Document:FIN-2021-A001 Ransomware
Type:FinCEN Advisory
CFR Citation:31 CFR §1010.311
SAR Category:Cyber event
FinCEN Key Term:Money Mule
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.