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Moneygram Processed Payments for Blacklisted Parties in Federal Prison

By Colby Adams

The world's second largest money services business must pay nearly $35,000 for allegedly violating several U.S. sanctions programs over a seven-year period, including by handling funds for federal inmates on the Treasury Department's list of specially designated nationals, or SDNs. From March 2013 to January 2015, Dallas-based Moneygram routed payments to and from the commissary accounts of incarcerated individuals under a contract with the Justice Department's Federal Bureau of Prisons, or BOP, without screening them against the SDN list, the Treasury Department's Office of Foreign Assets Control disclosed Thursday. "Moneygram knew that some of the inmates for whom it was...

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