Regulatory Alerts2026-07-23
Added · Updated
Final Order Regarding Musi Enterprises Inc. d/b/a Kwik Stop Check Cashing II
The Office of Financial Regulation approves a Stipulation and Consent Agreement with Musi Enterprises Inc. d/b/a Kwik Stop Check Cashing II, resolving an administrative complaint regarding violations of Florida's money services business laws. The Respondent agrees to pay a $15,000 administrative fine and cease and desist from future violations, including failures to submit Currency Transaction Reports, maintain corporate customer files, and implement an effective Anti-Money Laundering Program. The order incorporates these terms as Findings of Fact and Conclusions of Law, concluding the matter and waiving the Respondent's right to further administrative or judicial contestation of the agreement's terms.
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