Financial Fraud: Western Union Admits to Criminal Violations Including Willfully Failing to Maintain an Effective...

Financial Fraud: Western Union Admits to Criminal Violations Including Willfully Failing to Maintain an Effective... Western Union Admits A...

Financial Fraud: Western Union Admits to Criminal Violations Including Willfully Failing to Maintain an Effective... Western Union Admits Anti-Money Laundering and Consumer Fraud Violations, Forfeits $586 Million in Settlement with Justice Department and Federal Trade Commission Company also Agrees to Implement Anti-Fraud Program and Enhanced Compliance Obligations in Agreements with Federal Authorities The Western Union Company (Western Union), a global money services business headquartered in Englewood, Colorado, has agreed to forfeit $586 million and enter into agreements with the Justice Department, the Federal Trade Commission (FTC), and the U.S.