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Violation Tracker Individual Record

Company: Western Union Financial Services, Inc.
Current Parent Company: Western Union
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $94,000,000
Year: 2010
Date: February 11, 2010
Offense Group: financial offenses
Primary Offense: anti-money-laundering deficiencies
Mega-Scandal: Anti-Money Laundering Deficiencies
Violation Description: Western Union agreed to a $94 million settlement of multistate litigiation alleging deficiences in its efforts to prevent the use of its services for illicit money transfers in the Southwest border region.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Colorado
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: financial services
Source of Data: (click here)
Link to Archived Court Document:  subscribe to see this data field
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.