Guess SunTrust filled the CPWM-AML High Risk Account Team Lead position they advertised in November and are now saving the world from perfectly legal Manufactured Spending.
Just my humble opinion, but maybe the CPWM-AML High Risk Account Team ought to really be trying to prevent a repeat of the type of large scale ML that the Florida police agencies were able to get past SunTrust?
http://pubsys.miamiherald.com/static...der/spend.html
Originally Posted by
takhliq1
Just got a certified letter today from Suntrust CPWM Regulatory team informing me that they will no longer be able to provide some of the financial services i require. I have been requested to close my account by March 23.
I have had checking account with them since 1989 and was my primary account. Large portion of my paycheck from regular job goes into this checking account as well as paycheck from my part time job. My wife's paycheck goes into this account as well.
I have deposited maybe about 5000 dollars in money orders per month in this account for the past 3 years. Funny thing is that when Skymiles (unlimited) debit card was alive, i hit it hard. About 30K in money order purchases and then deposited right back into the account. Nothing happened then.
Oh well. Checking account was the only relationship i had with them. I will move on.