The Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) assessed a $37,000,000 civil money penalty against Brink’s Global Services USA, Inc. for wilful breaches of the Bank Secrecy Act (BSA), the primary U.S. anti-money laundering law that protects the financial system from illicit use and its implementing regulations. As a result of Brink’s failures, hundreds of millions of dollars in bulk currency shipments were transmitted across the Southwest Border on behalf of high-risk entities—including a Mexican currency exchanger that later pleaded guilty to violating the BSA. This is FinCEN’s first enforcement action against an armoured car company.

"For years, Brink’s moved large sums domestically and across the Southwest Border without required AML controls, exposing the U.S. financial system to a heightened risk of money laundering, including from narcotics trafficking and other illicit activity,” said FinCEN’s Director Andrea Gacki.

As set out in its resolution agreement with FinCEN, Brink’s wilfully breached the BSA, including failing to:

(i) register with FinCEN as a money services business;

(ii) develop, implement, and maintain an effective money laundering control program; and

(iii) file suspicious activity reports.

In addition to the civil money penalty, Brink’s will also be subject to an AML policies and procedures review.

The consent agreement is here: https://www.fincen.gov/sites/default/files/enforcement_action/2025-02-0…