Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: MoneyGram International Inc.
Current Parent Company: MoneyGram International
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $100,000,000
Year: 2012
Date: November 9, 2012
Offense Group: financial offenses
Primary Offense: anti-money-laundering deficiencies
Violation Description: MoneyGram International Inc. agreed to forfeit $100 million and enter into a deferred prosecution agreement with the Justice Department in which it admitted to criminally aiding and abetting wire fraud and failing to maintain an effective anti-money laundering program.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Criminal Division
Civil or Criminal Case: criminal
Prosecution Agreement: deferred prosecution agreement
HQ Country of Current Parent: USA
HQ State of Current Parent: Texas
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: money transfer services
Source of Data: (click here)
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.