As became tragically apparent on September 11, 2001, almost all the tools of the terrorist trade are now acquired through legitimate (but unknowing) business concerns. As a result, Congress enacted the USA Patriot Act, which has since become the foundation for American Homeland Security. Its purpose was to secure assistance from the American public by way of enhanced investigatory requirements designed to prevent terrorist acts, as well as money-laundering activities that facilitate the trafficking in illicit drugs.
The USPA and Executive Order 13224 applies to ALL businesses some of which are:
- Businesses/Individuals Involved In Rentals, Leases, Real Estate Transactions
- Automobile, Airplane & Boat Dealers
- Dealers in Precious Metals, Stones or Jewels
- Loan & Finance Companies
- Pawnbrokers & Currency Exchanges
- Issuers & Cashiers of Checks & Money Orders
- Travel Agencies
- Insurance Companies
| - Investment Bankers
- Securities & Commodities Brokers & Dealers
- Banks & Credit Unions
- S&Ls and Trust Companies
- All Large Money Transactions (Single or Cumulative)
- Other Licensed Money Senders
- Gambling Casinos
- Credit Card Systems
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Essentially all businesses, of any size or type, is required by Federal Law to perform third party investigations, obtain reports and keep records on clients, customers and/or vendors ... call for more information ... VCA, 972-839-6624.