OFAC Search Turns Up Alleged TalibanOperative

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TORONTO - (07/14/06) – The costly and time-consumingprocess of matching potential member names with potentialterrorists under the USA PATRIOT Act paid off for Sunmark FCU. TheSchenectady, N.Y., credit union normally runs the names ofpotential members and money transfers through the federalgovernment’s OFAC list—Office of Foreign AssetControl—to determine whether the individual is on anycompilation of terrorists or banned entities, according to BruceBeaudette, president of the $430-million institution. The costlyprocedure—Sunmark pays $2,000 a year to use the BridgerInsight software—paid off when one applicant was found to bean alleged member of the Taliban, with which the U.S. and othercountries are at war in Afghanistan. But not just anymember—the applicant was allegedly the Taliban’sofficial photographer, Beautette recalled during Thursday'sbreak-out session at NAFCU’s annual convention. Credit unionofficials subsequently discovered the alleged Talibanphotographer’s girlfriend worked also at one of the creditunion's branches as a teller. The teller is no longer with thecredit union.

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