Your Financial Privacy and the US Government
Keep Your Financial Privacy and learn about US Government and external investigation practices.
In our internet era your valuable assets are at great risk. James describes some of the serious financial perils people now face with public online databases. He further explains how historic legal barriers to American citizen privacy was destroyed by the “well-intentioned” Patriot Act of 2001
Your personal bank accounts and transactions are subject to inspection by FinCEN, the Financial Crimes Enforcement Network – a department of the US Treasury. Various law enforcement agencies including local authorities can obtain this data. Unilateral account ‘seizure’ is one of their tools. And title insurance companies report all cash real estate transactions.
Listen to how ‘prospective’ business partners can obtain your credit report. What might that data reveal? The Fair Credit Reporting Act of 1970 grants them permission even without your authorization.
Keep Your Financial Privacy in mind with the right trust for you.