On 29 July, a briefing from Crowell & Moring said that FinCEN has issued 2 advisories to alert financial institutions to scams related to the COVID-19 pandemic, and has stated that it intends to continue to issue similar alerts. FinCEN issued an alert on 7 July describing indicators of imposter scams and money mule schemes, which FinCEN said illicit actors are using to take advantage of the COVID-19 pandemic. On 18 May, it issued an advisory alerting financial institution to the rise in medical scams related to the pandemic. The briefing considers the alerts, red flags and indicators etc. It says that the FinCEN guidance throughout the COVID-19 pandemic makes clear that the agency expects financial institutions to remain vigilant against efforts by fraudsters and other bad actors to take advantage of the pandemic.