What term describes reliable information supporting suspicion of illegal acts?

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Multiple Choice

What term describes reliable information supporting suspicion of illegal acts?

Credible evidence means information that is reliable and can be substantiated with facts or documentation, forming a solid basis for suspecting illegal activity. In practice, this means details that are verifiable and specific—not just a hunch or rumor—but supported by records, observations, or corroborating sources. In the Bank Secrecy Act context, credible evidence is what justifies a Suspicious Activity Report: the information must be solid enough that a reasonable person would consider the activity suspicious, based on documented data such as transaction details, patterns, timelines, or corroboration from reliable sources. Civil liability, information security, or a generic notion of a SAR don’t capture this requirement for reliability and verifiability, which is why credible evidence is the best fit.

Credible evidence means information that is reliable and can be substantiated with facts or documentation, forming a solid basis for suspecting illegal activity. In practice, this means details that are verifiable and specific—not just a hunch or rumor—but supported by records, observations, or corroborating sources. In the Bank Secrecy Act context, credible evidence is what justifies a Suspicious Activity Report: the information must be solid enough that a reasonable person would consider the activity suspicious, based on documented data such as transaction details, patterns, timelines, or corroboration from reliable sources. Civil liability, information security, or a generic notion of a SAR don’t capture this requirement for reliability and verifiability, which is why credible evidence is the best fit.

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