WASHINGTON (6/25/10)--The Financial Crimes Enforcement Network (FinCEN) this week reported that the total amount of suspicious activity reports (SARs) filed decreased slightly to 1.28 million in 2009. FinCEN recorded 1.29 million SARs in 2008. The number of SARs filed by depository institutions, including credit unions, also dropped to 720,309 in 2009, down from the 732,563 SARs that were filed in 2008. While FinCEN did not classify its SAR numbers by type of depository institution, it did report that the number of SARs addressing potential mortgage fraud increased by 4% in 2009. “Suspected incidents of credit card fraud increased 5% in 2009,” FinCEN added. In all, 27% of the suspicious activity reported by depository institutions in 2009 was attributed to suspected fraud-related activities including check fraud, commercial loan fraud, consumer loan fraud, credit card fraud, debit card fraud, mortgage loan fraud, and wire transfer fraud. Mortgage loan fraud and check fraud remain the only two SAR characterizations that have experienced an increase every year since 1996. For the full FinCEN report, use the resource link.