IDFPR Also Provides Route For Consumers Impacted By Sigue’s Financial Deterioration
The Illinois Department of Professional Regulation (IDFPR) announced on April 18, 2024, that Sigue Corp. will cease to provide money transmission services in Illinois, as the company can no longer responsibly serve customers due to its declining financial position. Illinois joins 38 other states, along with Puerto Rico and the District of Columbia, in this consent order after Sigue failed to satisfy outstanding money transmission liabilities, violating state law.
Sigue is a state-regulated money transmission company licensed in Illinois and 48 other states (NMLS ID 915912). Over the past sever...
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