Red Flags for Fraud: FinCEN issues advisory on detecting unlawful employment practices

This Summer, the U.S. Department of Treasury's Financial Crimes Enforcement Network (FinCEN) issued an advisory urging financial institutions to heighten their vigilance for risks tied to the unlawful employment of non-work-authorized individuals. The advisory highlights the increasingly prevalent role of labor brokers in facilitating fraudulent conduct and identifies several "red flags" that can…