The Financial Crimes Enforcement Network issued an Advisory last week to help banks identify tax refund fraud. The Advisory lists several red flags on this type of fraud and provides guidance on when to file a Suspicious Activity Report. The ABA offers a resource page on tax refund fraud that, among other things, can help ABA members identify “mule accounts” that facilitate tax refund fraud and other illegal activities. Read the Advisory. Visit the ABA tax refund fraud resource page.