San Francisco-based AirBnB isn't exactly what springs to mind when thinking of money services businesses, but the 6-year-old company deemed itself just that last year by registering with the U.S. Treasury Department.
The U.S. Treasury Department's financial intelligence unit fined a Georgia check cashing business $45,000 for failing to report large transactions even after receiving a regulatory warning.
At the same time that the nation's financial intelligence unit is readying unprecedented fines against compliance officers, the agency is facing stark questions about its enforcement efforts, including its hiring practices.
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