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Nevada casino fined $1 million for 'systemic breakdown' in anti-money laundering program

( April 5, 2016, 22:31 GMT | Official Statement) -- MLex Summary: The Financial Crimes Enforcement Network has imposed a $1 million civil penalty on Nevada-based casino Sparks Nugget over a "systemic breakdown" in its compliance program, FinCEN said. The casino ignored its compliance manager, failing to file correctly prepared Suspicious Activity Reports she had created, FinCEN said.Statement follows in full:...

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