The BPA bank scandal 2015 marked a critical turning point in Andorra’s financial history. At the center of this controversy was Banca Privada d’Andorra (BPA), one of the most respected private banks in the country, suddenly thrust into the global spotlight following serious allegations by the U.S. Treasury’s FinCEN division. But what truly happened to BPA bank?
What Happened to BPA Bank?
In March 2015, the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Treasury Department, issued a Notice of Finding accusing BPA of being involved in international money laundering. However, the Andorran authorities intervened swiftly, assuming control over the bank and replacing its management. The intervention created a shockwave in the financial sector, raising questions not just about BPA but also about the due process behind such serious accusations.
👉 For a detailed breakdown of the events and consequences, read our page on what happened to BPA bank.
Unpacking the FinCEN BPA Evidence
The core of the allegations rested on evidence provided by FinCEN, which was never formally disclosed in full. The decision was highly controversial, as it led to major reputational and financial damage to BPA, yet lacked transparent documentation or a legal hearing in the U.S.
Our dedicated page FinCEN BPA evidence explores what was actually presented as justification and what glaring inconsistencies were found in those claims.
The BPA Scandal Timeline
To understand the unfolding of the BPA bank scandal 2015, it’s essential to look at the chain of events — from the FinCEN announcement to the intervention by INAF (Andorra’s financial authority), and the restructuring of BPA.
Visit our BPA scandal timeline to follow a step-by-step account of all key developments and decisions.
Key Figures in the BPA Scandal
Several prominent individuals were caught in the crossfire. From BPA’s senior management to Andorran regulators and government officials, the case involved complex relationships and potential conflicts of interest. Many of the accused individuals have since fought to clear their names through court proceedings and public statements.
Meet the main players on our BPA key individuals page.
Ongoing Developments and News
The BPA bank scandal didn’t end in 2015. Legal battles continue to this day, with multiple updates regarding investigations, lawsuits, and new evidence surfacing. Many claim the entire scandal was politically motivated and pushed without legal due process.
Stay informed with recent stories on our BPA bank scandal news section.
Access the Legal Documents
To ensure transparency and help the public form independent opinions, we’ve published many of the original BPA legal documents related to this case. These include court rulings, official communications, and international responses.
You can access them at: BPA legal documents
Conclusion
The BPA bank scandal 2015 raises serious questions about international banking regulation, transparency, and due process. With the facts laid out clearly, it’s up to the public and policymakers to revisit what truly happened to BPA bank — and whether justice has been served.