Wells Fargo AML Investigations (AMLI) conducted an investigation of customer Perla Judith Felix Velazqquez (Velazqquez), originating from an internal referral identifying Velazqquez conducted several cash withdrawals in a manner that appears to have been structured to avoid the currency transactions report (CTR) threshold. AMLI finds this activity suspicious because patterns of transactions were observed that appears to have been structured in an attempt to avoid CTR reporting requirements, additionally; Valazqquez was citied in September 2015, SAR filing (case # FCI-2015082800210),for these reason’s the activity is considered suspicious.
