Western Union Fined $586 Million—Coin Telegraph

Western Union Fined $586 Million for Money Laundering, Fraudulent Transfers JAN 20, 2017  By Frisco d’Anconia Remittance giant Western Union has been fined $586 mln after admitting to money laundering and supporting fraudulent wire transfers. The penalty of $586 mln will be used as a refund for the victims of the crimes. Negligence The Department…