Regulatory Alerts2003-05-23 | 2003-03Added
Assessment of Civil Money Penalty in the Matter of Greenville Riverboat, LLC d/b/a Lighthouse Point Casino
FinCEN assesses a $350,000 civil money penalty against Greenville Riverboat, LLC d/b/a Lighthouse Point Casino for willfully violating the Bank Secrecy Act by failing to file 142 Currency Transaction Reports for transactions exceeding $10,000 and maintaining an ineffective compliance program. The entity must pay the penalty within five business days via certified check, cashier’s check, or money order made payable to the United States Department of the Treasury. This payment constitutes a complete settlement of civil liability for the identified violations.
Topics
Share