Western Union Admits Laundering Money, Forfeits $586 Million in Settlement

February 10, 2017
January 2017

The Western Union Company (Western Union), a global money services business headquartered in Englewood, Colorado, has agreed to forfeit $586 million and enter into agreements with the Federal Trade Commission, the Justice Department, and the U.S. Attorneys’ Offices of the Middle District of Pennsylvania, the Central District of California, the Eastern District of Pennsylvania and the Southern District of Florida. In its agreement with the Justice Department, Western Union admits to criminal violations including willfully failing to maintain an effective anti-money laundering program and aiding and abetting wire fraud. Read More...

Related Posts

Sign Up for our Monthly E-Newsletter

Thank you! Your submission has been received!

Oops! Something went wrong while submitting the form