Violation Tracker Individual Record

Company: 
Western Union Financial Services, Inc.
Current Parent Company: 
Western Union
Penalty: 
$2,000,000
Year: 
2008
Date: 
October 16, 2008
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
consumer protection violation
Violation Description: 

Western Union agreed to pay $2 million in settlement of an Administrative Order finding they violated regulations governing money transmitters by failing to prominently display notices and failing to keep records of customers' identities.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Arizona Department of Financial Institutions
Civil or Criminal Case: 
civil
Facility State: 
Arizona
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
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.