Service US Money Transmission 92% Enforcement - Payments Institution 75%
Specialism Anti-Money Laundering/Counter-Terrorism Financing (AML/CTF) 95% Enforcement - Financial Penalty 92%
2026-03-20 18:02:25 · ataylor@vixio.com
ID
2976961
GUID
b63e003a7e05199ff9761eceb0202c81

Classification

Service
US Money Transmission (92%)

This is an enforcement action by a US state regulator against a licensed money services business for violations of money transmission and AML regulations under Florida law.

Enforcement - Payments Institution (75%)

The violations include failure to maintain AML programs and file Currency Transaction Reports, which are core anti-money laundering compliance obligations relevant to payments institutions.

Specialism
Anti-Money Laundering/Counter-Terrorism Financing (AML/CTF) (95%)

The Final Order explicitly identifies multiple AML/CTF violations including failure to develop and maintain an effective Anti-Money Laundering Program under 31 CFR 1022.210, failure to file Currency Transaction Reports timely, and failure to maintain customer files — all core AML/CTF compliance obligations.

Enforcement - Financial Penalty (92%)

The OFR's enforcement action resulted in license surrender and 20-year prohibitions on reapplication and control person roles, constituting a formal enforcement action with permanent license revocation consequences.

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Queued 18:01:53
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Metadata 18:01:53
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S3 Content 18:01:53
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Extracted 18:01:54
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LLM Gen 18:02:18
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Stored 18:02:25
TITLE: Florida Office of Financial Regulation Issues Final Order Against Cash Services Inc for Money Services Violations BODY: On March 2026, the Florida Office of Financial Regulation (OFR) issued a Final Order (Case Number 118110) against Cash Services Inc d/b/a Cash Blvd, Wendy Moser, and Tom Moser, resolving compliance violations identified during an examination of the respondents' operations for the period January 1, 2020 through December 31, 2021. The OFR found that Cash Services Inc, a money services business licensed under Florida Statutes Chapter 560 with license number FT30800150, committed multiple violations including: failure to timely and accurately enter information into the check cashing database; failure to timely and accurately file Currency Transaction Reports; failure to maintain complete corporate customer files; failure to include required attestations by compliance officers; failure to include required information in deferred presentment transaction agreements; failure to properly maintain and terminate deferred presentment transactions; failure to accurately record information in the Deferred Presentment Provider Database; failure to maintain required transaction receipts; failure to maintain records relating to returned personal checks; and failure to develop, implement, and maintain an effective Anti-Money Laundering Program in violation of 31 Code of Federal Regulations section 1022.210. Under the Stipulation and Consent Agreement approved by the OFR, the respondents agreed to voluntarily surrender their money services business license effective upon the Final Order's entry. Additionally, Wendy Moser and Tom Moser are each prohibited from applying for any license under Chapter 560 for twenty years and from acting as control persons of any company licensed or required to be licensed by the OFR for twenty years. Cash Services Inc is similarly prohibited from applying for any license under Chapter 560 for twenty years. REFERENCES: State of Florida Office of Financial Regulation. Final Order, Case Number 118110. March 2026. Available at: Agency.Clerk@flofr.gov
  • Scraped:2026-03-20 18:02:25
  • Created:2026-03-20 18:02:25
  • By:ataylor@vixio.com (61)