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Scott Perry: “An analysis [by FinCEN] of Bank Secrecy Act reports between…”

Featuring: Scott Perry, Republican | U.S. House, Pennsylvania, District 10

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'Catch And Release, Lose And Forget' Hearing Held By Oversight Committee Members Led By Clay Higgins

Published | Video Starts at 47:33

I thank my friend and we recognize Mr. Perry for five minutes for question. Thank the chairman. I thank the witnesses. Mr. Deto, An analysis [by FinCEN] of Bank Secrecy Act reports between 2020 and 2024 identified over 100,000 suspicious activity reports and about $312 billion in suspicious transactions, some of them coming from the Communist Party of China. Can you kind of draw or lay a trail of crumbs for us about where that money's going if it has anything to do with the, with child exploitation and child trafficking? (47:33–47:55)

CLAIM

Asserts that FinCEN identified over 100,000 suspicious activity reports and $312 billion in suspicious transactions linked to China.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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