Last month, 'Public Intelligence' released a Financial Crimes Enforcement Network document revealing how banks are spying on our everyday transactions for DHS.
Our bank transactions are being reported to DHS
The Financial Crimes Enforcement Network (FinCEN) is issuing this advisory to provide financial institutions with information on identifying and reporting transactions possibly associated with Foreign Terrorist Fighters (FTFs) who support the Islamic State of Iraq and the Levant (ISIL), al-Qa’ida, and their affiliates in Iraq and the Lev ant region. Financial institutions may use this information to enhance their Anti-Money Laundering (AML) risk-based strategies and monitoring systems.
Don't forget that, DHS's Institute of Terrorism Research and Response works with banks to spy on law-abiding activist groups like the Tea Party protestors, pro-life activists and anti-fracking environmental organizations. Banks have a sordid history of spying on Americans. Back in 2011, Wall St., and the NYPD were caught spying on protestors.and during the same year, Spiegel revealed how the NSA uses Tracfin to spy on everyone's bank records.
Banks are spying on our social media activity
"Financial institutions may find available social media information helpful in evaluating potential suspicious activity and in identifying risks connected to the red flags provided in this and other advisories. Similarly, the location from which a customer logs into a financial institution’s online services platform may also be considered when determining whether a transaction is suspicious."
Banks are secretly 'red flagging' our transactions
"In applying the red flags below, financial institutions are advised that no single transactional red flag is a clear indicator of terrorist activity. Financial institutions should consider additional factors, such as a customer’s overall financial activity and whether he or she exhibits multiple red flags, before determining a possible association to terrorist financing and FTFs. Financial institutions should also refer to the red flags and other information provided in this and the May 2015 non-public advisory to formulate a more comprehensive assessment of potential suspicious activity."
In other words, there's a 'non-public' or secret bank spying document the public isn't allowed to see!
"Depending on their products and services offered, financial institutions may be able to observe one or more of the following red flags. Some of these red flags may be observed during general transactional screening, while others may be more readily identified during in-depth case reviews."
Have banks become part of DHS?