September 30, 2002 News Archive

Treasury Publishes Office of Foreign Assets Control (OFAC) FAQs
On September 11, 2002 the Treasury Department's Office of Foreign Assets Control (OFAC) published a series of frequently asked questions (FAQs). The questions, which include those from financial institutions, cover OFAC regulations, as well as policies and procedures.

419 Scam/Nigerian Fraud Letter has New Spin
The Treasury's Financial Crimes Enforcement Network (FinCEN) recently published an alert on a new version of the 419 Scam, also known as the Nigerian Fraud Scheme. Questions about this financial crime can be directed to Deanna Jackovich at (312) 322-5097.