Enforcement Actions

Under the Bank Secrecy Act (BSA), 31 U.S.C. 5311 et seq., and its implementing regulations at 31 C.F.R. Chapter X (formerly 31 C.F.R. Part 103), FinCEN may bring an enforcement action for violations of the reporting, recordkeeping, or other requirements of the BSA. FinCEN's Office of Enforcement evaluates enforcement matters that may result in a variety of remedies, including the assessment of civil money penalties. For example, civil money penalties may be assessed for recordkeeping violations under 31 C.F.R §1010.415 (formerly 31 C.F.R. §103.29), or for reporting violations for failing to file a currency transaction report (CTR) in violation of 31 C.F.R. §1010.311 (formerly 31 C.F.R. §103.22), a suspicious activity report (SAR) in violation of 31 C.F.R. § 1021.320 (formerly 31 C.F.R. §103.21), or a report of foreign bank and financial accounts (FBAR) in violation of 31 C.F.R §1010.350 (formerly 31 C.F.R. §103.24). FinCEN also takes enforcement actions against money services businesses (MSBs) for failure to register with FinCEN in violation of 31 C.F.R §1022.380 (formerly 31 C.F.R. §103.41).

Enforcement Actions for Failure to Register as a Money Services Business

If you are unable to download a copy of an enforcement action from FinCEN's Web site, you may request that a paper copy be mailed to you by: (i) an e-mail: frc@FinCEN.gov; (ii) a fax request to FinCEN's fax number at 202-354-6411; or (iii) a call to FinCEN's Regulatory Helpline at 1-800-949-2732. The request should include your name and name of your organization; the enforcement action and matter number as listed on the index; and a method of sending the document to you (postal address, fax number, or telephone number for arranging pick-up).

 

Enforcement Action Date Sort ascending Matter Number Financial Institution
In the Matter of Artichoke Joe’s, a California Corporation d/b/a Artichoke Joe’s Casino 2018-02 Casinos
In the Matter of U.S. Bank National Association 2018-01 Depository Institutions
In the Matter of Artichoke Joe's Casino [UPDATED, See #2018-02] 2017-05 Casinos
In the Matter of Lone Star National Bank 2017-04 Depository Institutions
In the Matter of BTC-E a/k/a Canton Business Corporation and Alexander Vinnik 2017-03 Money Services Businesses
In the Matter of Merchants Bank of California, N.A. 2017-02 Depository Institutions
In the Matter of Western Union Financial Services, Inc. 2017-01 Money Services Businesses
In the Matter of Bethex Federal Credit Union 2016-06 Depository Institutions
In the Matter of CG Technology, L.P. f/k/a Cantor G&W (Nevada), L.P. d/b/a Cantor Gaming 2016-05 Casinos
In the Matter of Hawaiian Gardens Casino, Inc. d/b/a The Gardens Casino 2016-04 Casinos
In the Matter of Sparks Nugget, Inc., d/b/a John Ascuaga’s Nugget 2016-03 Casinos
In the Matter of Kustandy Rayyan D/B/A Thriftway Food Mart 2016-02 Money Services Businesses
In the Matter of Gibraltar Private Bank and Trust Company 2016-01 Depository Institutions
In the Matter of B.A.K. Precious Metals, Inc. 2015-12 Precious Metals/Jewelry Industry
In the Matter of Oaks Card Club d/b/a Oaks Club 2015-11 Casinos
In the Matter of Desert Palace, Inc. d/b/a Caesars Palace 2015-10 Casinos
In the Matter of Lee’s Snack Shop, Inc. and Hong Ki Yi 2015-09 Money Services Businesses
In the Matter of Bank of Mingo 2015-08 Depository Institutions
In the Matter of Hong Kong Entertainment (Overseas) Investments, Ltd., d/b/a Tinian Dynasty Hotel & Casino 2015-07 Casinos
In the Matter of King Mail & Wireless Inc., and Ali Al Duais 2015-06 Money Services Businesses
In the Matter of Ripple Labs, Inc. XRP Fund II, LLC Attachment A: Statement of Facts and Violations Attachment B: Remedial Framework 2015-05 Money Services Businesses
In the Matter of Aurora Sunmart Inc. and Jamal Awad 2015-04 Money Services Businesses
In the Matter of Trump Taj Mahal Casino Resort 2015-02 Casinos
In the Matter of First National Community Bank of Dunmore, Pennsylvania 2015-03 Depository Institutions
In the Matter of Oppenheimer & Co., Inc. 2015-01 Securities and Futures
In the Matter of Thomas E. Haider 2014-08 Money Services Businesses
In the Matter of North Dade Community Development Federal Credit Union 2014-07 Depository Institutions
In the Matter of BPI, Inc. 2014-06 Money Services Businesses
In the Matter of George Que 2014-05 Casinos
In the Matter of Mian, Inc. d/b/a Tower Package Store 2014-04 Money Services Businesses
In the Matter of New Milenium Cash Exchange, Inc. and Flor Angella Lopez 2014-03 Money Services Businesses
In the Matter of Saleh H. Adam dba Adam Service 2014-02 Money Services Businesses
In the Matter of JPMorgan Chase Bank, N.A. 2014-01 Depository Institutions
In the Matter of Saddle River Valley Bank 2013-02 Depository Institutions
In the Matter of TD Bank, N.A. 2013-1 Depository Institutions
In the Matter of HSBC Bank USA N.A. 2012-02 Depository Institutions
In the Matter of First Bank of Delaware 2012-01 Depository Institutions
In the Matter of Frank E. Mendoza 2011-11 Depository Institutions
In the Matter of Sarith Meas 2011-10 Money Services Businesses
In the Matter of Mohamed Mohamed-Abas Sheikh 2011-9 Money Services Businesses
In the Matter of Altima, Inc. 2011-8 Money Services Businesses
In the Matter of Ocean Bank 2011-7 Depository Institutions
In the Matter of the Lower Sioux Indian Community d/b/a Jackpot Junction Casino Hotel 2011-06 Casinos
In the Matter of Pacific National Bank 2011-5 Depository Institutions
In the Matter of Victor Kaganov 2011-2 Money Services Businesses
In the Matter of Mohamed Abukar Sufi d/b/a Halal Depot 2011-04 Money Services Businesses
In the Matter of Omar Abukar Sufi d/b/a Halal Depot 2011-03 Money Services Businesses
In the Matter of Zions First National Bank 2011-01 Depository Institutions
In the Matter of Baltic Financial Services, Inc. 2010-5 Money Services Businesses
In the Matter of Pinnacle Capital Markets, LLC 2010-4 Securities and Futures
In the Matter of Pamrapo Savings Bank, S.L.A. 2010-3 Depository Institutions
In the Matter of Eurobank, San Juan, Puerto Rico 2010-02 Depository Institutions
In the Matter of Wachovia Bank, National Association, Charlotte, North Carolina 2010-1 Depository Institutions
In the Matter of Doha Bank, New York Branch 2009-1 Depository Institutions
In the Matter of NY Branch United Bank for Africa 2008-3 Depository Institutions
In the Matter of El Noa Noa Corporation 2008-2 Money Services Businesses
In the Matter of Sigue Corporation and Sigue, LLC 2008-1 Money Services Businesses
In the Matter of Union Bank of California, N.A. 2007-2 Depository Institutions
In the Matter of American Express Bank International and American Express Travel Related Services Company, Inc 2007-1 Money Services Businesses, Depository Institutions
In the Matter of Beach Bank 2006-09 Depository Institutions
In the Matter of The Foster Bank 2006-08 Depository Institutions
In the Matter of Israel Discount Bank of New York 2006-07 Depository Institutions
In the Matter of Deprez’s Quality Jewelry and Loans, Inc. 2006-06 Money Services Businesses
In the Matter of Liberty Bank of New York 2006-05 Depository Institutions
In the Matter of Frosty Food Mart 2006-04 Money Services Businesses
In the Matter of BankAtlantic 2006-03 Depository Institutions
In the Matter of the New York Branch of Metropolitan Bank & Trust Company 2006-02 Depository Institutions
In the Matter of the Tonkawa Tribe of Oklahoma and Edward E. Street 2006-01 Casinos
In the Matter of Oppenheimer & Company, Inc. 2005-04 Securities and Futures
In the Matter of The New York Branch of ABN AMRO Bank N.V 2005-05 Depository Institutions
In the Matter of Banco de Chile-New York and Banco de Chile-Miami 2005-03 Depository Institutions
In the Matter of The New York Branch of Arab Bank 2005-02 Depository Institutions
In the Matter of Gulf Corporation 2005-01 Depository Institutions
In the Matter of AmSouth Bank 2004-02 Depository Institutions
In the Matter of Riggs Bank, NA 2004-01 Depository Institutions
In the Matter of Hartsfield Capital Securities, Inc. 2003-05 Securities and Futures
In the Matter of Korea Exchange Bank, New York, New York 2003-04 Depository Institutions
In the Matter of Greenville Riverboat, LLC d/b/a Lighthouse Point Casino 2003-03 Casinos
In the Matter of Western Union Financial Services, Inc. 2003-02 Money Services Businesses
In the Matter of Banco Popular de Puerto Rico 2003-01 Depository Institutions
In the Matter of Great Eastern Bank of Florida 2002-02 Depository Institutions
In the Matter of Sovereign Bank 2002-01 Depository Institutions
In the Matter of Joseph A. Sivigliano 2001-01 Money Services Businesses
In the Matter of Angelina Plett 2001-02 Money Services Businesses
In the Matter of Rainbow Casino Vicksburg 2000-02 Casinos
In the Matter of Casa De Cambio Rega 2000-01 Money Services Businesses
In the Matter of D & S Check Cashing, Inc. and Michael Rose MSB99-012 Money Services Businesses
In the Matter of Mex Pesos Currency Exchange MSB99-009 Money Services Businesses
In the Matter of Ameristar Casino Vicksburg, Inc. CAS-99-003
In the Matter of Polish & Slavic Federal Credit Union DI 99-011
In the Matter of Sunflower Bank, N.A. DI 99-008
In the Matter of Grand Casinos of Mississippi, Inc. Biloxi CAS-99-007
In the Matter of Riverboat Corporation of Mississippi-Vicksburg, d/b/a Isle of Capri-Vicksburg CAS-99-005
In the Matter of Riverboat Corporation of Mississippi, d/b/a Isle of Capri Casino-Biloxi CAS-99-004
In the Matter of Lady Luck Mississippi, Inc., d/b/a Lady Luck Natchez CAS-99-006
In the Matter of Biloxi Casino Corp., d/b/a/ Casino Magic-Biloxi CAS-99-002
In the Matter of Gulfside Casino Partnership, d/b/a Copa Casino CAS-99-001