Regulatory Alerts2001-09-04 | 2001-02Added
Assessment of Civil Money Penalties Against Angelina Plett
The Department of the Treasury assesses a civil money penalty of $100,000 against Angelina Plett for willfully structuring check cashing transactions and participating in the failure to file Currency Transaction Reports for Cash For Checks. The penalty addresses violations of the Bank Secrecy Act involving transactions totaling more than $1.17 million that were structured to evade reporting requirements. Plett is required to pay the $100,000 within five business days of the assessment date via certified check, cashier’s check, or money order made payable to the United States Department of the Treasury.
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