Big Brother is watching your money, and it’s hardly ever to catch those rascally terrorists. Passed in 2001, the USA PATRIOT Act lowered the bar for government surveillance of Americans’ financial transactions, and American financial institutions have been deputized to assist. Banks now monitor every
When the Patriot Act was passed in 2001, the bar above which financial institutions are required to send the U.S. Government “suspicious activity reports” regarding Americans’ financial transactions was dramatically lowered. The Patriot Act also placed new emphasis on the use of financial surveillance to
With the passage of the Patriot Act in 2001, the use of Suspicious Activity Reports (SARs) to the government regarding your behavior expanded greatly. The claim: snooping into your business would ferret out the terrorists in our midst. But new numbers released by the U.S.