A customer has held an account at a bank and has lived locally for over 25 years. Historically he has come
into the bank monthly to deposit a $1,500 retirement check from the company where he worked. He is well
known at the bank and often brings the staff cookies. Over the past four months, he has come into the bank
every Monday, Wednesday, and Thursday to make $3,000 cash deposits into his account. A review of his
account shows that an $8,500 check made out to cash clears his account each week. The bank has decided
to file a suspicious transaction report (STR).
What is the important fact to include in the STR?