Updates: March 22, 2024
On March 22, 2024, the Washington State Department of Financial Institutions (DFI) joined 39 states, Puerto Rico, and the District of Columbia in entering a multi-state interim consent order against Sigue Corporation (Sigue). DFI previously issued a cease and desist on March 15, 2024 against Sigue prohibiting the company from collecting any new funds for transmission or currency exchange.
Sigue represented to the collective state money transmission regulators that it currently does not have enough assets to meet its customer obligations. DFI will continue to work with the State Money Transmission Regulators to investigate Sigue and determine whether and how customers may be paid out.
Please continue to visit this website for updates.
If Your Money Hasn't Reached Its Destination
If you live in Washington State and used Sigue to transmit funds, and they have not yet reached their destination, you may file a complaint with DFI online or fill out the printable form.
Customers are urged to retain all receipts of payments to Sigue that have not yet been fully transmitted to and received by intended recipients.
At this time, it is unknown if any received funds not yet fully transmitted can or will be paid out.
We will provide additional information as we receive it online.
Additional Resources
El DFI De Washington Se Une a Los Reguladores Del CSBS En Una Orden Provisional Multiestatal Que Prohíbe a Sigue Corporation Recaudar Fondos
Nota de prensa el 22 de marzo de 2024
Washington DFI Joins CSBS Regulators in Multi-State Interim Order Halting Sigue Corporation from Collecting Funds
Press release from March 22, 2024
DFI Emite Una Orden De Cese Para Que Sigue Corporation Detenga Todas Las Transferencias De Dinero Y La Recepción De Fondos En El Estado De Washington
Nota de prensa el 15 de marzo de 2024
DFI Issues Cease and Desist Order for Sigue Corporation to Halt All Money Transfers and Receipt of Funds in Washington State
Press release from March 15, 2024