IMPORTANT: The full content of this page is available to premium users only.
Tuesday, January 1, 2013
Volume:
29
Issue:
1
Abstract:
On November 9, 2012, MoneyGram International Inc., a global money services business headquartered in Dallas, agreed to forfeit $100 million and conclude a deferred prosecution agreement (DPA) with the Justice Department, in which it admits to criminally aiding and abetting wire fraud and filing to maintain an effective anti-money laundering program. MoneyGram was charged in an information filed in the U.S. District Court, Middle District of Pennsylvania.[1]
[1] U.S. Department of Justice, Moneygram International Inc. Admits Anti-Money Laundering and Wire Fraud Violations, Forfeits $100 Million in Deferred Prosecution, Press Release 12-1336, November 9, 2012; United States of America v. Moneygram International Inc., U.S. District Court, M.D. Pa., Crim. No. 12-291, Information, Nov. 9, 2012..