meta_id 3178822

On May 22, 2026, the Florida Office of Financial Regulation (OFR) entered a Final Order resolving an enforcement action against Essential Financial Investments Corp, Carmen Carboni, Wilson Jaykosz, and Dancar Business Corp through a Stipulation and Consent Agreement. The OFR conducted examination number 119074 to assess the respondents' compliance with Chapter 560, Florida Statutes, which governs money services businesses. Essential Financial Investments Corp held a Part II Money Services Business licence (number FT230000130) in Florida, with Jaykosz serving as president and chief executive and Carboni serving as chief financial officer. Dancar Business Corp owned 100 percent of Essential Financial. The settlement resolved five compliance violations. The respondents failed to timely submit annual financial audit reports in violation of Section 560.209(2), Florida Statutes and Rule 69V-560.606(2), Florida Administrative Code. They also failed to report changes in financial information within 30 days of the change, contrary to Section 560.126(2), Florida Statutes. Additionally, the respondents failed to create and maintain complete customer files on all customers who cashed corporate payment instruments, failed to timely and accurately enter transactions into the check cashing database, and failed to timely file their Security Device Calculation Form in violation of Rule 69V-560.402, Florida Administrative Code. Under the settlement terms, the respondents agreed to pay an administrative fine of $23,600 and to cease and desist from future violations of Chapter 560, Florida Statutes and its implementing rules. The respondents waived their rights to an administrative hearing, a Notice of Rights, and the right to appeal the Final Order. Non-compliance with the agreement may result in an emergency cease and desist order.