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Violation Tracker Individual Record

Company: Hudson United Bank
Penalty: $5,000,000
Year: 2004
Date: March 2, 2004
Offense Group: financial offenses
Primary Offense: anti-money-laundering deficiencies
Violation Description: Hudson United Bank agreed to pay $5 million in settlement of allegations it did not take appropriate measures to guard against money-laundering when accounts it had bought were taking wire transfers from South America without checks.
Level of Government: local
Action Type: agency action
Agency: Manhattan (NY) District Attorney
Civil or Criminal Case: civil
Private Lawsuit Resolution Type: settlement
Facility State: New York
Facility County: New York
Facility City: New York
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.