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Business July 29, 2026

FinCEN Reviews 100K Suspicious Reports

FinCEN Reviews 100K Suspicious Reports

A recent case in Lithuania reveals how banks must prove their case before freezing customers' funds, otherwise they risk facing severe financial consequences - and potentially being fined.

Title: Lithuanian Courts Rule on the Limits of Bank Freezing

Subject: Lithuanian Courts Case Studies

Lithuanian law allows a bank to freeze a suspicious transaction for a maximum of 10 business days without formal law-enforcement action. If your business account stays blocked longer than that, with no explanation and no evidence of a criminal investigation, courts have repeatedly ruled the freeze unlawful – and ordered the bank to return the funds plus interest.

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