FinCEN Enforcement Action: Artichoke Joe’s gets a discount, if they behave

Update on FinCEN’s Penalty Against California Card Club for Willful Violation of Anti-Money Laundering Controls

FinCEN has settled and issued a new Assessment against Artichoke Joe’s Casino (AJC) and rescinded its prior Assessment of Civil Money Penalty (2017-05), dated November 15, 2017, in which FinCEN imposed on AJC a civil money penalty of $8,000,000. FinCEN’s Assessment issued May 3, 2018 imposes a penalty in the amount of $8,000,000, with $3,000,000 suspended pending compliance with the Undertakings set forth in Section IV of the Assessment.

Link:

Amended Enforcement Action

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