Post by UKiPA Holdings, LLC on Dec 19, 2014 7:14:45 GMT 4
FinCEN Assesses $1 Million Penalty and Seeks to Bar Former MoneyGram Executive from Financial Industry
The Financial Crimes Enforcement Network (FinCEN) today issued a $1 million civil money penalty (CMP) against Mr. Thomas E. Haider for failing to ensure that his company abided by the anti-money laundering (AML) provisions of the Bank Secrecy Act (BSA). Concurrently, FinCEN’s representative, the U.S. Attorney’s Office for the Southern District of New York (SDNY), today filed a complaint in U.S. District Court that seeks to enforce the penalty and to enjoin Mr. Haider from employment in the financial industry. This CMP is the product of a joint investigation by FinCEN and the SDNY.
Read the Press Release here: www.fincen.gov/news_room/nr/pdf/20141218.pdf
Read the Assessment here: www.fincen.gov/news_room/ea/files/Haider_Assessment.pdf
Read the Complaint here: www.fincen.gov/news_room/ea/files/USAO_SDNY_Complaint.pdf
The Financial Crimes Enforcement Network (FinCEN) today issued a $1 million civil money penalty (CMP) against Mr. Thomas E. Haider for failing to ensure that his company abided by the anti-money laundering (AML) provisions of the Bank Secrecy Act (BSA). Concurrently, FinCEN’s representative, the U.S. Attorney’s Office for the Southern District of New York (SDNY), today filed a complaint in U.S. District Court that seeks to enforce the penalty and to enjoin Mr. Haider from employment in the financial industry. This CMP is the product of a joint investigation by FinCEN and the SDNY.
Read the Press Release here: www.fincen.gov/news_room/nr/pdf/20141218.pdf
Read the Assessment here: www.fincen.gov/news_room/ea/files/Haider_Assessment.pdf
Read the Complaint here: www.fincen.gov/news_room/ea/files/USAO_SDNY_Complaint.pdf