Reported by PYMTS

The Brink’s Company said Thursday (Feb. 6) that its subsidiary, Brink’s Global Services USA (BGS USA), reached agreement with two U.S. agencies to resolve investigations related to cross-border currency shipments and compliance with federal money-transmitting laws.

BGS USA reached a non-prosecution agreement with the Department of Justice (DOJ) and a consent order imposing civil money penalty with the Financial Crimes Enforcement Network(FinCEN), the company said in a press release.

Brink’s said in the release that it agreed to pay a total of $42 million over three years and that it cooperated throughout the investigations. The company added that the resolutions involve currency shipments that occurred from 2018 to 2020 and that it strengthened its global Ethics & Compliance program over the last several years.

Read full report: https://www.pymnts.com/aml/2025/brinks-settles-anti-money-laundering-charges-with-doj-and-fincen/