In Response To: link to PDF: Court filing in civil case against Sterling Currency Group and principals, seeking Forfeiture and indicating Evidence of Fraud (hobie)
Hi, Folks -
For some background, see the post this one is in reply to.
Currently this statement pops up on visiting the Sterling Currency Group website:
Given our long history of proactively working with federal authorities, Sterling Currency Group was completely surprised by the recent federal complaint and strongly denies any allegations of wrong doing.
Sterling has been in business as a currency exchange company since 2004 and in that time has conducted millions of exchange service transactions with nearly 200,000 customers, all the while maintaining an "A" rating with the Better Business Bureau.
Sterling has spent millions of dollars and logged thousands of hours to ensure complete compliance with statutes and regulations in all 50 states as well as with the federal government. Additionally, the company has also proactively sought independent audits and inspections since 2007. It has requested and participated in meetings with officials from multiple federal agencies to ensure all actions of the company are above reproach.
The company has been registered with the United States Department of the Treasury, through the Department's Financial Crimes Enforcement Network (FinCEN) bureau, as a Money Service Business since 2006, and thus has participated in on-site examinations by FinCEN on several occasions.
Despite the statements in the civil complaint, every single business related to the owners of Sterling Currency Group is legitimate and is compliant with all state and federal laws.
Finally, we believe the record will show that representations made about internal communications between employees at Sterling in the civil complaint filed by the federal government are inaccurate and taken out of context.
Thanks to: http://www.rumormillnews.com