Western Union Responds to Federal Investigation
Western Union (NYSE: WU) responds to Federal money laundering investigation:
"We are not aware of any evidence to suggest that the Company or any of its employees knowingly engaged in any conduct with this former Agent that would constitute a violation of the law. And the US Attorney's Office has not provided us with any information to suggest that the Company or any of its employees has done so.
We continue to cooperate with the government in this case, just as we cooperate on a daily basis with law enforcement departments throughout the U.S.
We believe the company has robust compliance and anti-money laundering (AML) processes in place, and we look forward to demonstrating that fact to the U.S. Attorney's Office. "
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