Weekly Roundup: MoneyGram Sets Aside $30 Million for Possible Settlement, Finra Fines Compliance Officer for Ignoring FinCEN Requests, and More

MoneyGram International disclosed in a regulatory filing Thursday that it has set aside $30 million for a potential settlement associated with an investigation by the District Court of Middle Pennsylvania. More Though the money services business provided no further details, the investigation could be tied to anti-money laundering (AML) violations, including poor oversight of agents working near the U.S.-Mexico border, sources told ACAMS last September. More Prosecutors in the Western District of Texas will submit 30,000 pages of evidence related to 2,000 recorded phone conversations as part of a money laundering trial connected to Mexican drug cartel Los Zetas,...