Violation Tracker Individual Record
Company:
MoneyGram International Inc.
Current Parent Company:
MoneyGram International
Penalty:
$125,000,000
Year:
2018
Date:
November 8, 2018
Offense Group:
financial offenses
Primary Offense:
anti-money-laundering deficiencies
Violation Description:
MoneyGram International Inc., a global money services business headquartered in Dallas, Texas, agreed to extend its 2012 deferred prosecution agreement and forfeit $125 million due to continuing significant weaknesses in its anti-fraud and 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 Parent:
USA
HQ State of Parent:
Texas
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
financial services
Specific Industry of Parent:
money transfer services
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.
