MoneyGram To Settle With FTC For $125M
PYMNTS
NOVEMBER 8, 2018
The Federal Trade Commission (FTC) said on Thursday (Nov. 8) that MoneyGram will pay $125 million in penalties after having violated a six-year-old settlement tied to anti-money laundering (AML) controls. The investigation leading up to that settlement stretched from 2003 to 2009 and focused on agents in the U.S.
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