Violation Tracker Individual Record

Company: 
Western Union Financial Services, Inc.
Current Parent Company: 
Western Union
Penalty: 
$94,000,000
Year: 
2010
Date: 
February 11, 2010
Offense Group: 
financial offenses
Primary Offense: 
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 Parent: 
USA
HQ State of Parent: 
Colorado
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
financial services
Link to Archived Court Document: 
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.