Eugene
Oregon Division of Financial Regulation ordered Sigue Corp to cease engaging in money transmission activities in Oregon as the company can no longer responsibly serve customers due to its declining financial position
Eugene, OR – According to the state officials, Sigue is a state-regulated money transmission company licensed in Oregon and 48 other states.
Over the past several months, Sigue experienced significant financial deterioration.
The company failed to complete multiple money orders and transmissions and to maintain adequate net worth and permissible investments to cover outstanding liabilities, which are violations of state money transmission law.
Many customers are still waiting for their funds.
Sigue maintained a surety bond with Liberty Mutual that will cover all of Sigue’s unpaid or otherwise outstanding transactions in Oregon.
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Crime & Safety6 days ago
Father, who had consumed aIcohoI before he struck his 6-month-old baby in the head while attempting to hit the chiId’s mother as she was hoIding the chiId, then attempted to assauIt poIice officers and hospitaI staff after being handcuffed to a bed, is charged
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Crime & Safety1 week ago
Man became upset that the mother of two he was seeing ‘was not foIIowing his reIationship ruIes and was also invoIved with other men and their reIationship was not excIusive’ before he Iured her to a ruraI area where he kiIIed her, then spread her remains across several areas: DA
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Crime & Safety3 days ago
Man told poIice he eventuaIIy stopped chasing his 82-year-old parent and feIt guiIty after using piIIows and a Iarge skiIIet to try to kiII the woman when she Iay down to rest because she had neuroIogicaI issues and required constant assistance: DA
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