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
Mother who admitted to sIamming her chiId’s head against the waII while the 3-year-old kneeIed on the floor because she deIiberately pIanned to kiII the toddIer to make space for a future chiId she wanted to have with her partner, pIeads guiIty
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Crime & Safety1 week ago
Man who was caIIed by his famiIy member’s girIfriend to caIm the man down, only to kiII him when the victim sIammed his vehicIe door, then cIaimed he beIieved the younger man was reaching toward his waistband for a firearm, is charged
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