Banks closing customer accounts; cracking on fraud

Banks are among the most highly regulated institutions in the country. They play a critical role when it comes to fighting against financial crime, money laundering, and terrorist financing, and, according to the New York Times, bank account crackdowns are happening now more than ever. An Arizona financial expert discusses bank account closure uptick.

More on the closures: https://www.abc15.com/news/local-news...
__________________
 
ABC15 Arizona in Phoenix is your source for local breaking news, in-depth investigations, the latest weather and traffic, and continuous live video.
 
Subscribe to the ABC15 YouTube channel: https://bit.ly/3zqfyF0
 
Watch 24/7 ABC15 live coverage here: https://www.abc15.com/live
 
Download the ABC15 app: https://www.abc15.com/apps
 
Watch more ABC15 on YouTube:
Latest ABC15 investigations: https://bit.ly/3NjEEed
Uplifting Arizona-Good news in Arizona: https://bit.ly/3U8RqhM
Your Voice Your Vote-Full Arizona election coverage: https://bit.ly/3sLsktC