By Ashley Haley |
Aug 18, 2023
A Virginia-based company specializing in money transfers to Somali refugee camps has been fined $72,500 by the state for incomplete financial records and misinformation during examinations. The firm's challenges in maintaining proper financial reporting, exacerbated by the pandemic, have raised questions about consumer safeguards and compliance with national security measures, prompting heightened scrutiny in an era of rapid global transactions.
