Final Order Against AM & FA Services LLC and Amjad Atalla

Index: OFR 2026 - 361
STATE OF FLORIDA
OFFICE OF FINANCIAL REGULATION
In Re:
AM & FA SERVICES LLC, and
AMJAD ATALLA,
Case Number: 138054
Respondents.
FINAL ORDER
The State of Florida, Office of Financial Regulation ("Office"), being authorized and directed to administer and enforce chapter 560, Florida Statutes, hereby enters this Final Order with Notice of Rights ("Final Order") as authorized by the provisions of chapters 120 and 560, Florida Statutes, against AM & FA SERVICES LLC, and AMJAD ATALLA ("Respondents"). FINDINGS OF FACT

1. On June 12, 2026, the Office issued an Administrative Complaint ("Complaint")
   against Respondents, alleging violations of chapter 560, Florida Statutes. (Exhibit A)

2. Within the Complaint was a Notice of Rights that afforded Respondents an
   opportunity to request a hearing in accordance with sections 120.569 and 120.57, Florida Statutes, including the following information:
   TO PRESERVE THE RIGHT TO A HEARING, A WRITTEN
   RESPONSE MUST BE FILED WITH THE OFFICE OF
   FINANCIAL REGULATION WITHIN TWENTY-ONE (21)
   DAYS AFTER THE RECEIPT OF THE ADMINISTRATIVE
   COMPLAINT. SAID RESPONSE MUST BE RECEIVED BY
   THE OFFICE NO LATER THAN 5:00 P.M. ON THE TWENTY￾FIRST DAY AFTER THE RECEIPT OF THE ADMINISTRATIVE COMPLAINT. A FAILURE TO TIMELY RESPOND IN WRITING WILL CONSTITUTE A W AIYER OF THE LICENSEE'S RIGHT TO REQUEST A HEARING AND A FINAL ORDER MAY BE ENTERED WITHOUT FURTHER NOTICE.

3. The Office served Respondents with the Complaint via U.S. Certified Mail on
   June 15, 2026. (Exhibit B)

4. Respondents' written response to the Complaint was due on or before July 6, 2026.
   To date, the Office has neither received a written response to the Complaint nor have Respondents made a claim of equitable tolling.

5. The Statement of Facts as alleged in the Complaint are incorporated herein by
   reference as if fully set forth herein, and being uncontested by Respondents, are accepted as true and correct and are adopted by the Office as Findings of Fact for purposes of this Final Order. CONCLUSIONS OF LAW

6. The Office is responsible for the administration and enforcement of chapter 560,
   Florida Statutes, and has jurisdiction over the subject matter and of Respondents pursuant to
   chapter 560, Florida Statutes.

7. The Findings of Fact that have been adopted herein serve as the basis of the entry
   of this Final Order against Respondents.

8. Section 120.569(2)(a), Florida Statutes, and Rule 28-106.111(2), Florida
   Administrative Code, require, among other things, that a response or a petition to an action which affects the substantial interests of a party be filed with the agency within 21 days of receipt of written notice of the action.

9. Pursuant to Rule 28-106.111 ( 4 ), Florida Administrative Code, the failure of
   Respondents to timely respond to the Complaint constitutes a waiver of Respondents' right to an administrative proceeding.

10. The doctrine of equitable tolling can be applied in administrative cases when a party
    has been misled or lulled into inaction, i.e., has in some extraordinary way, been prevented from asserting his rights, or has timely asserted his rights in the wrong forum. Machules, v. Department ofAdmin., 523 So. 2d 1132 (Florida 1988).

11. Without any evidence of equitable tolling, it is appropriate for the Office to
    conclude there was none. Patz v. Dept. of Health, 864 So.2d 79, 80 (Fla. 3d DCA 2003). 2

12. When Respondents failed to file a petition or any other document in response to the
    Notice within the 21-day time period allowed by law, they further failed to present a claim of equitable tolling; as such, the waiver of the right to an administrative hearing by Respondents is complete. See Patz v. Dept. of Health, 864 So.2d 79, 80 (Fla. 3d DCA 2003).

13. Based on the Findings of Fact adopted herein, the Office concludes that
    Respondents violated the specific statutes and rules charged in the Complaint and, as such, the specific charges in the Complaint are adopted in this Final Order as Conclusions of Law.

14. The waiver of a hearing by Respondents, taken together with the Findings of Fact
    and Conclusions of Law adopted herein, constitute sufficient grounds for the Office to take administrative action against Respondents, including the imposition of an administrative fine. Based on the foregoing Findings of Fact and Conclusions of Law, it is hereby ORDERED:
    A. Within thirty (30) days of the date of this Final Order, Respondents shall pay an ADMINISTRATIVE FINE of Three Thousand Five Hundred Dollars ($3,500.00). B. Effective thirty (30) days from the date of this Final Order, Money Services Business license number FT340001163 is hereby SUSPENDED for a period of ten (10) days.
    C. Respondents shall submit the administrative fine in the form of a wire, money
    order or cashier's check made payable to the "Office of Financial Regulation." Such payment shall reference Case Number 138054 and shall be sent to the attention of Agency Clerk, c/o Carrie S. Franz, Post Office Box 8050, Tallahassee, FL 32314-8050. DONE and ORDERED this lb~ day of July, 2026, in Tallahassee, Leon County, Florida. 3

NOTICE OF RIGHTS
A PARTY WHO IS ADVERSELY AFFECTED BY THIS FINAL ORDER IS ENTITLED TO JUDICIAL REVIEW PURSUANT TO SECTION 120.68, FLORIDA STATUTES. REVIEW PROCEEDINGS ARE GOVERNED BY THE FLORIDA RULES OF APPELLATE PROCEDURE. SUCH PROCEEDINGS ARE COMMENCED BY FILING THE ORIGINAL NOTICE OF APPEAL WITH THE AGENCY CLERK FOR THE OFFICE OF FINANCIAL REGULATION AS FOLLOWS:
B Mail, Facsimile or Email
Agency Clerk
Office of Financial Regulation
Office of General Counsel
P.O. Box 8050
Tallahassee, FL 32314-8050
Phone:(850)410-9889
Fax: (850) 410-9663
Email: Agency.Clerk@flofr.gov
OR By Hand Delivery
Agency Clerk
Office of Financial Regulation
Office of General Counsel
The Fletcher Building
1 01 East Gaines Street
Tallahassee, FL 32399
Phone: (850) 410-9889
A COPY OF THE NOTICE OF APPEAL, ACCOMPANIED BY THE FILING FEES AS REQUIRED BY LAW, MUST ALSO BE FILED WITH THE DISTRICT COURT OF APPEAL, FIRST DISTRICT, 2000 DRAYTON DRIVE, TALLAHASSEE, FLORIDA 32399-0950, OR WITH THE DISTRICT COURT OF APPEAL IN THE APPELLATE DISTRICT WHERE THE PARTY RESIDES. THE NOTICE OF APPEAL MUST BE FILED WITH BOTH THE AGENCY CLERK FOR THE OFFICE OF FINANCIAL REGULATION AND THE DISTRICT COURT OF APPEAL WITHIN 30 DAYS OF THE RENDITION OF THE ORDER TO BE REVIEWED. 4

CERTIFICATE OF SERVICE
I HEREBY CERTIFY that a true and correct copy of the foregoing Final Order was furnished via U.S. Mail to AM & FA Services LLC, and Amjad Atalla at 1955 Davidson Road, Clewiston, Florida 33440 on this /6 fh. day of July, 2026. 5 IC 0 Po ce Tallahasse , FL 32314-8050 Email: A ency.Clerk@flofr.gov Tel: (850) 410-9889

STATE OF FLORIDA
OFFICE OF FINANCIAL REGULATION
In Re:
AM & FA SERVICES, LLC, and
AMJAD ATALLA,
Respondents.
ADMINISTRATIVE COMPLAINT
Exhibit A
Case Number: 138054
The State of Florida, Office ofFinancia] Regulation ("Office"), files this Administrative Complaint against AM & FA SERVICES, LLC, and AMJAD AT ALLA, (together "Respondents"), alleging:
GENERAL ALLEGATIONS
1. Pursuant to sections 560.105 and 560.109, F1orida Statutes, the Office is charged
with administering and enforcing the provisions of chapter 560, F]orida Statutes, and conducting examinations and investigations to determine whether any provision of chapter 560, Florida Statutes, has been violated.
2. Pursuant to section 560.114(l)(a), Florida Statutes, failure to comp]y with any
provision of chapter 560, Florida Statutes, or re]ated rule or order, constitutes grounds for disciplinary action.
3. Parts II, III, and JV of chapter 560, Florida Statutes, set forth the specific
requirements of money services businesses and licenses.
4. Pursuant to section 560.103(23), Florida Statutes, the term "money services
business" inc1udes any person located in or doing business in Florida or from Florida or into Florida from locations outside of Florida who acts as, among other things, a check casher.

5. Pursuant to section 560.103(6), Florida Statutes, a "check casher" is a person who
sells currency in exchange for payment instruments received, except travelers checks.
6. Pursuant to section 560.103(29), Florida Statutes, a "payment instrument" means a
check, draft, warrant, money order, travelers check, electronic instrument, or other instrument, used for the transmission, exchange, or payment of currency or monetary value, regardless of whether it is negotiable.
7. Pursuant to section 560.103(12), Florida Statutes, "currency'' means the coin and
paper money of the United States or of any other country which is designated as legal tender and which circulates and is customarily used and accepted as a medium of exchange in the country of issuance.
8. Pursuant to section 560.114(l)(a), Florida Statutes, an "affiliated party" is
responsible for, among other things, complying with all provisions of chapter 560, Florida Statutes, and its related rules or orders.
9. Pursuant to section 560.103(1), Florida Statutes, an "affiliated party" is, among
other things, a control person, or a person who has a controlling interest in a money services business.
10. Pursuant to section 560.103(1 0)(a), Florida Statutes, a "control person" is, among
other things, the president, or the compliance officer, of a money services business.
11. Pursuant to section 560.127, Florida Statutes, a person has a controlling interest in
a money services business if the person, among other things, possesses the power, directly or indirectly, to direct the management or policies of the money services business.
12. At all times material, AM & FA Services, LLC ("AM & FA") is and has been
licensed as a Part III Money Services Business pursuant to chapter 560, Florida Statutes, operating as a check casher, holding license number FT340001163. 2

13. At a11 times material, Amjad Atalla ("Atalla") is and has been the President,
Compliance Officer, and Sole Owner of AM & FA, and by operation of Jaw, pursuant to section 560.103(1), Florida Statutes, Patel is an affiliated party who is liable for all violations of AM & FA.
14. The Office conducted an examination (No. 136562) to ascertain Respondents'
compliance with chapter 560, Florida Statutes.
15. Pursuant to section 560 .114( 1 )(a), Florida Statutes, each money services business
and its affiliated parties must comply with all provisions of chapter 560, Florida Statutes, and its related rules and orders, and the Office may revoke a money services business license for failure to comply.
16. Pursuant to section 560.1141, Florida Statutes, the Office has adopted disciplinary
guideJines that include ranges of designated penalties applicable to each ground for disciplinary action. 17 Pursuant to Rule 69V-560.1000(5), Florida Administrative Code, the range for an "A" level administrative fine is between $1,000.00 and $3,500.00. COUNTI
18. The above general a11egations are hereby re-alleged and incorporated by reference
as if ful]y stated herein.
19. Pursuant to section 560.l 14(])(a), Florida Statutes, it is grounds for disciplinary
action if a money services business or an affiliated party fails to comply with any order entered pursuant to chapter 560, Florida Statutes.
20. On August 25, 2025, the Office entered Final Order No. OFR 2025-352 against
Respondents in Case No. 129465, for violations of chapter 560, Florida Statutes. By that Final Order, license number FT340001 163 was suspended for a period of Ten (] 0) days, effective thirty 3

(30) days from the date of the issuance of the Final Order.
21. As part of its examination, the Office reviewed Respondents' check log, bank
statements, cashed payment instruments, and quarterly reports, and found that Respondents cashed 121 payment instruments during the period of September 26, 2025, through October 5, 2025, while license number FT34000 I 1 63 was suspended.
22. Respondents failed to comply with the provisions of the Office's Final Order No.
OFR 2025-352 entered in Case No. 129465 on August 25, 2025, in violation of section
560.1 14(1 )(a), Florida Statutes.
23. Pursuant to the Disciplinary Guidelines for Money Services Businesses Form OFR￾560-09, incorporated by reference in Rule 69V-560.1000, Florida Administrative Code, violation
number 3, a person receiving a first citation for violating section 560.114(1 )(a), Florida Statutes, is subject to an "A" level administrative fine and revocation of license.
24. Therefore, the Office is seeking an administrative fine of $3,500.00, and suspension
of license nwnber FT340001163 for a period of Ten (10) days.
WHEREFORE, Respondents, AM & FA SERVICES, LLC, and AMJAD ATALLA, are hereby notified that the Office intends to enter a Final Order imposing an administrative fine totaling $3,500.00, and a Ten (10) day suspension of license number FT34000J J 63. 4

NOTICE OF RIGHTS
The licensee is entitled to be represented by counsel or another qualified representative. The licensee also has the right to request a hearing pursuant to sections 120.569 and 120.57, Florida Statutes. Such request must comply with Rules 28-106.2015 and 28-)06.104, Florida Administrative Code. An Election of Proceeding form is attached for your convenience. Any such request must be filed as follows:
B Y Mail. Facsimile or Email
Agency Clerk
Office of Financial Regulation
Office of General Counsel
P.O. Box 8050
Tallahassee, FL 32314-8050
Phone: (850) 410-9889
Fax: (850) 410-9663
Email: Agency.Clerk@flofr.gov
OR B, Hand Deliven
Agency Clerk
Office of Financial Regulation
Office of General Counsel
The Fletcher Building
10 I East Gaines Street, Suite 504
TaJlahassee, FL 32399
Phone: (850) 410-9889
TO PRESERVE THE RIGHT TO A HEARING, A WRITTEN RESPONSE MUST BE FILED WITH THE OFFICE OF FINANCIAL REGULATION WITHIN TWENTY-ONE (21) DAYS AFTER THE RECEIPT OF THE ADMINISTRATIVE COMPLAINT. SAID RESPONSE MUST BE RECEIVED BY THE OFFICE NO LATER THAN 5:00 P.M. ON THE TWENTY-FIRST DAY AFTER THE RECEIPT OF THE ADMINISTRATIVE COMPLAINT. A FAILURE TO TIMELY RESPOND IN WRITING WILL CONSTITUTE A WAIVER OF THE LICENSEE,S RIGHT TO REQUEST A HEARING AND A FINAL ORDER MAY BE ENTERED WITHOUT FURTHER NOTICE. You may not make an oral request for an administrative hearing. With regard to a written request, if you fail to follow the outlined procedure, your request may be dismissed. Any request for an administrative proceeding received prior to the date of this notice is deemed abandoned and to be considered, must be timely renewed in compliance with the procedure set forth above. Mediation of this matter pursuant to section 120.573, Florida Statutes, is not available. 5

NOTICE TO RESPONDENTS
In accordance with the Americans with Disabilities Act, persons with disabilities needing special accommodation to participate in this proceeding should contact the Agency Clerk no later than seven (7) days prior to the filing deadline or proceeding, at the Office of Financial Regulation, The Fletcher Building, 101 East Gaines Street, Suite 504, Tallahassee, Florida 32399, Phone: (850) 410-9889, or by Email: Agency.Clerk@flofr.gov. By: C,awl -5. Carrie S. Franz Chief Counsel Office of Financial Regulation Office of General Counsel Fla. Bar No. 659274 200 E. Gaines Street Tallahassee, FL 32399 Tel: 850-410-9834 Email: carrie.franz@flofr.gov CERTIFICATE OF SERVICE I HEREBY CERTIFY that a true and correct copy of the foregoing Administrative Complaint has been sent for service via U.S. Certified Mail to AM & FA Services, LLC, and Amjad AtalJa. at 1955 Davidson Road, Clewiston, Florida 33440, on this 12th day of June, 2026. 9489 090 027 662 □ 8129 75 Carrie S. Franz 6

Case No: 138054
AM & FA Services, LLC
Amjad Atalla
1955 Davidson Road
Clewiston, Florida 33440
STATE OF FLORIDA
OFFICE OF FINANCIAL REGULATION
ELECTION OF PROCEEDING
I have received and read the Administrative Complaint, including the Notice of Rights, filed by the Office of Financial Regulation ("Office") regarding the above-referenced Respondent, and I am requesting disposition as indicated below. PLEASE SELECT ONLY ONE OF THE OPTIONS:
OPTION #1: D I do not request a hearing in this matter. I do not dispute any of the Office's factual allegations and conclusions of law as stated in the Administrative Complaint. I understand that upon my waiving the right to a hearing, the Office may enter a final order adopting the findings of fact and conclusions of law in the Administrative Com lalnt and im osin the enaltles sou ht In the Administrative Com lalnt. OPTION #2: D I do not dispute any of the Office's factual allegations but dispute the Office's conclusions of law to those factual allegations, and request disposition of this matter by informal hearing pursuant to section 120.57(2), Florida Statutes. I request to (CHECK ONLY ONE OF THE FOLLOWING 2 OPTIONS):
a. D Attend a hearing by video teleconference before a Hearing Officer appointed by the Office; OR b. D Submit a written statement with supporting documentation to a Hearing Officer appointed by the Office. OPTION# : D I do dispute one or more of the Office's factual allegations. I request a formal hearing before the Division of Administrative Hearings (DOAH) pursuant to section 120.57(1), Florida Statutes. In accordance with Rule 28-106.2015(5)(c), FAC, I am attaching a copy of the material facts that I dispute. TO PRESERVE YOUR RIGHT TO A HEARING, A RESPONSE MUST BE FILED WITH THE OFFICE OF FINANCIAL REGULATION AGENCY CLERK NO LATER THAN 5:00 P.M. ON OR BEFORE THE TWENTY-FIRST DAY AFTER RECEIPT OF THE ADMINISTRATIVE COMPLAINT, BY ANY OF THE FOLLOWING METHODS:

1. By email: Agency.Clerk@flofr.gov: or
2. By U.S. Mail: P.O. Box 8050, Tallahassee, Florida 32314-8050; or
3. By hand delivery: Office of General Counsel, Suite 504, Fletcher Bldg., 101 E. Gaines Street. Tallahassee, FL 32399.
   Signature of Respondent or Mailing Address
   Authorized Representative of Respondent
   Printed Name & Title City State Zip
   Date E-mail Address Telephone Number
   Form: OFR-GC-13 (rev. 1/28/2026)
   Page 1 of 2

Case No: 138054
AM & FA Services, LLC
AmjadAtalla
1955 Davidson Road
Clewiston, Florida 33440
STATE OF FLORIDA
OFFICE OF FINANCIAL REGULATION
**VOU ARE TO COMPLETE THE FOUOWING ONLY IF VOU HAVE CHECKED OPTION #3 ON THE PRECEDING PAGE. If you need more space, you may provide additional pages. As Respondent or the authorized representative of Respondent, I am disputing the following material facts:
Signature of Respondent or Authorized Representative Form: OFR-GC-13 (rev. 1/28/2026)
Page 2 of 2
Date

~ UNITEDST/JTES
~ POST/JL SERVICE ®
June 18, 2026
Dear Amber Hopkins:
Exhibit B
The following is in response to your request for proof of delivery on your item with the tracking number:
9489 0090 0027 6620 8129 75. em Details
Status:
Status Date/ Time:
Location:
Postal Product:
Extra Services:
hi ment Details
Delivered, Left with Individual
June 15, 2026, 10:40 am
CLEWISTON, FL 33440
First-Class Mail®
Certified Mail™
: .. I:- • I ... ••
.t • t I • I I ecI ient Si nature
Signature of Recipient: / \A￾V r \ \rv~ • • 1955 DAVIDSON RD, Address of Rec1p1ent: cLewisroN,FL3344o Note: Scanned image may reflect a different destination address due to Intended Recipient's delivery instructions on file. Thank you for selecting the United States Postal Service® for your mailing needs. If you require additional assistance, please contact your local Post Office™ or a Postal representative at 1-800-222-1811. Sincerely, United States Postal Service® 475 L'Enfant Plaza SW Washington, D.C. 20260-0004