Quarterly MSB newsletter: quarterly summary of money service businesses activities for the period ending March 31, 2019

Georgia Department of Banking & Finance ~ Non-Depository Financial Institutions Division
QuarteMrolnythSluy mSummmaarryy ooff MMorotngaegye AScetrivviitciees Bfour sthineePsesrieosd AEncdtiinvgitAipersil 2007 for the Period Ending March 31, 2019

Inside this Issue:
Upcoming Atlanta 2 Check Cashing Classes
Administrative 2 Actions
Upcoming 2019 2 State Holidays
Contact Information 3
APPENDIX: MSB Activity by Current
License Status

NMLS Money Services Businesses Call Report and 1st Quarter 2019 Quarterly Reporting
Quarterly reports on transactions that occurred between January 1, 2019, and March 31, 2019, are now due. The Department utilizes the NMLS Money Services Businesses Call Report (MSBCR) functionality for submission of routine financial and transactional reporting requirements by Seller of Payment Instrument and Money Transmitter Licensees.
The NMLS MSBCR is a mandatory filing for Seller of Payment Instrument and Money Transmitter Licensees and is due 45 days after the quarter end (May 15, 2019). Licensees should follow the instructions and directions provided by NMLS for completing the MSBCR requirement, in addition to updating the Uniform Authorized Agent Report (UAAR). Even if you have nothing to report and have no authorized agents, you must complete the MSBCR and the UAAR in NMLS. Not doing so will cause one or more system-placed license items to remain on the company's license record in NMLS.
All updates and resources pertaining to the MSBCR will be posted on the MSB Call Report page on the NMLS Resource Center. Likewise, the Department will continue to communicate with its licensees for reporting requirements outside of NMLS. Questions regarding the MSBCR or the UAAR should be directed to the NMLS Call Center at 1855-NMLS-123 (1-855-665-7123).
In addition to the reporting through NMLS, licensees must also submit Average Daily Balance of Outstandings directly to the Department, outside of the NMLS, through the existing webform https://dbf.georgia.gov/webform/quarterly-reporting-sale-payment-instrumentsand-money-transmitter-licensees. Licensees should be sure to report by the correct NMLS Number (NMLS Entity ID as it appears on the MU1 company form) and Georgia License Number and enter the Licensee Name exactly as it appears on legal formation documents.
Please complete and submit all reports by May 15, 2019.
Licensees that fail to file required quarterly reports by the deadline will be assessed a fine of $1,000 and may subject their Georgia license to revocation.
If you have additional questions, please e-mail the Department's MSB Section at msb@dbf.state.ga.us.

Page 2

1st Quarter 2019

Upcoming Atlanta Check Cashing Classes
The Department offers a check cashing class that benefits first-time and experienced check cashers. These classes generally last about an hour. There is no cost for the class and it is a great way to learn about Georgia law, Department regulations, the Bank Secrecy Act ("BSA") and Anti-Money Laundering ("AML") requirements. During examinations, those who have attended the class have stated that the knowledge and information they gained helped prevent violations and avoid the imposition of fines.
As a further benefit, the Department provides a certificate of attendance that licensees may use as evidence of training received on BSA and Anti-Money Laundering.
The classes are limited to a maximum of seven attendees, so you must make an advance reservation by calling 770-986-1639 or emailing msb@dbf.state.ga.us. Reserve your seat now! We look forward to seeing you.
Upcoming Atlanta Check Casher Class* June 5, 2019, 10:00 AM
September 4, 2019, 10:00 AM December 4, 2019, 10:00 AM
* Please note that the class schedule is subject to change

Administrative Actions
On January 9, 2019, the Department Orders Revocation of RANA Financial, LLC's Money Transmitter
License and Orders Ronildo Freitas to Cease and Desist.
On March 13, 2019, the Department Entered into a Consent Order with Tristan D'Agosta (NMLS #1493424),
Julie Kim (NMLS #1493421), and Michael Demopoulos (NMLS #1493422).

Upcoming 2019 State Holidays--State Offices Closed

State Holiday Memorial Day Independence Day

April 26 - will be observed on Monday, April 22 Monday, May 27 Thursday, July 4

COMMONLY USED ACRONYMS

CC -- Check Casher License Department -- GA Department of Banking and Finance ESB -- Electronic Surety Bond MSB -- Money Services Business MSBCR -- Money Services Businesses Call Report MT -- Money Transmitter License

NMLS or NMLSR -- Nationwide Multistate Licensing System & Registry O.C.G.A. -- Official Code of Georgia Annotated
SPI -- Seller of Payment Instruments License
UAAR -- Uniform Authorized Agent Report

1st Quarter 2019

Page 3

Department Contact Information

NAME

E-MAIL ADDRESS

Fernando Ornelas, Supervisory Examiner

fornelas@dbf.state.ga.us

Ana Contreras, Financial Examiner

acontreras@dbf.state.ga.us

Byron Larios, Senior Assistant Financial Examiner

blarios@dbf.state.ga.us

Deborah Long, Review Examiner (check casher applications) dlong@dbf.state.ga.us

PHONE# (770) 986-1313 (770) 986-1652 (770) 986-1639 (770) 986-2810

Corresponding with the Department
When corresponding with the Department, e-mail communication is preferred. Providing written details in the email regarding any questions or concerns you may have allows the Department to forward the request to the appropriate person who handles that area, and if sufficient details are included in the request, that person can then more efficiently provide you with an answer. The main Division e-mail address is msb@dbf.state.ga.us.
Since the Department's main method of communicating with licensees is via e-mail, it is very important that you supply the Department with a valid e-mail address and that you keep us informed if your e-mail address changes. Please be sure that your e-mail account does not divert Department e-mail to your spam or junk folder.

Page 4
Georgia Department of Banking and Finance
2990 Brandywine Road Suite 200
Atlanta, Georgia 30341-5565
Phone: (770) 986-1633 Fax: (770) 986-1655 or 1029 Email: msb@dbf.state.ga.us

1st Quarter 2019
The Department is the state agency that regulates and examines Georgia statechartered banks, state-chartered credit unions, and state-chartered trust companies. The Department also has responsibility for the supervision, regulation, and examination of Merchant Acquirer Limited Purpose Banks (MALPBs) chartered in Georgia.
In addition, the Department has regulatory and/or licensing authority over mortgage brokers, lenders and processors, mortgage loan originators, check cashers, sellersissuers of payment instruments, money transmitters, international banking organizations, and bank holding companies conducting business in Georgia.
Our Mission is to promote safe, sound, competitive financial services in Georgia through innovative, responsive regulation and supervision.
Our Vision is to be a willing and able partner with our regulated entities in order to support vibrant economic growth and prosperity in Georgia.

Sign-up to Receive this Publication
This quarterly publication highlights topics and activities pertaining to the Department's regulation of state-licensed Money Service Businesses (MSBs). Notification is delivered to interested parties via e-mail. Licensee primary contacts are automatically subscribed to receive Department publications appropriate to their particular industry.
If you would like to be added to our distribution list, please go to the Quick Links section on our homepage (dbf.georgia.gov) and click on Stay Connected. This will take you to our new subscription service provided by GovDelivery (also known as Granicus). Notifications regarding subscriptions will no longer be sent from dbfpress@dbf.state.ga.us but will originate from <Department of Banking and Finance> GADBF@public.govdelivery.com.

APPENDIX

License Status Approved Denied Revoked Terminated Expired Terminated Ordered to Surrender
Terminated Surrendered/Cancelled

Definition
The entity has an Approved licens e.
The entity applied for a licens e and the reques t was Denied. The entity's licens e was Revoked and the entity is no longer authorized to conduct business.
The entity failed to renew. An entity has been ordered to s urrender their approved licens e. The entity is not authorized to conduct busines s. The entity has reques ted a s urrender/cancelation of their licens e and the regulator has granted this surrender/ cancelation request.

MSB ACTIVITY BY CURRENT LICENSE STATUS

GA Check Casher License

Approved
NMLS# License#

Company Name

1701185

59627

Jarett Heath INC.

1809757

64726

MS KAIVAL, INC

1245336

23784

Neighborhood Financial Center INC.

1811809

64723

Lovejoy Convenience llc

1814392

65071

EUA LLC

1813990

64862

TAWAKAL LLC

920968

64245

Continental Exchange Solutions, Inc.

1637226

56926

Best Check Cashers, Inc

1810487

64673

KASUMBAL FOOD LLC

1824993

65303

BALL GROUND CONVENIENCE INC

1242093

39729

Plymel Foods LLC

1810491

64725

A&N234 LLC

1829199

65441

KGM Madi Investment LLC

1249327

23803

Jack In The Box Check Cashing, Inc.

1242635

35275

Prabhu 1, Inc.

1783664

65048

J. Murphy Management, LLC

1785077

65443

Kabrika Inc

1821328

65215

QTM FAST CHECK INC

1690217

59082

LUCKY PRIME, LLC

1830941

65486

Singh A&T, Inc.

Date 01/08/2019 01/08/2019 01/11/2019 01/18/2019 01/18/2019 01/23/2019 01/24/2019 01/24/2019 01/29/2019 02/06/2019 02/06/2019 02/08/2019 02/15/2019 02/22/2019 02/22/2019 02/22/2019 02/26/2019 02/26/2019 03/06/2019 03/06/2019

City gray jesup Decatur Hampton Tucker DORAVILLE Buena Park Marietta UNADILLA BALL GROUND Moultrie Canton Rockmart Pooler Warner Robins Boston Lilburn ACWORTH DECATUR Eatonton

State GA GA GA GA GA GA CA GA GA GA GA GA GA GA GA GA GA GA GA GA

Appendix 1 of 6

1833408 1818460 1831895 1824662

65635 65126 65596 65599

DOGSBORO, LLC LEVEL IN LLC DSYP LLC Vinayaka Krupa, LLC

24
Terminated - Expired
NMLS# License#

Company Name

1249327

23803

Jack In The Box Check Cashing, Inc.

1229270

21485

Jagnath, Inc.

1241256

23050

JIN HA INC

1230597

30732

JOHNSON TAX SERVICE LLC

1239885

33741

HS & KJ Enterprises inc. dba garden city package shop

1230594

19199

KDM PATEL LLC d/b/a ONE STOP PACKAGE SHOP

1241253

30122

Fastlane Superstore

1242718

22402

kHALSA INC

1576462

55836

KRISH FOODS LLC

1253813

44379

KRUPA AND ADITI LLC

1230988

20709

Krupa of Rome Inc

1256044

39749

Kuldavi Corporation

1443125

48892

Kushi Ali Inc

1254339

21431

KWI CHOL HAN

1273891

43370

2890 Suwanee, LLC

1665505

58167

LAGRANGE CITGO LLC

1231866

32850

kbm investment llc

1240292

19879

Bryce Emory Inc

1230329

37029

50 Shades Inc dba Kevin's Check Cashing

1231312

40254

A & S Brothers Food Mart, Inc.

1229098

36497

AANVI BEVERAGES INC

1243227

22522

ABH CORPORATION

1462955

51260

ACFS LLC

1277079

19233

AJN CHOI INC DBA KISSINGBOWER LIQUOR STORE

1240783

25336

American Pawn Shop, Inc.

1464030

50149

Ashparr Inc

03/12/2019 Hull

GA

03/19/2019 LOUISVILLE

GA

03/20/2019 LAKE PARK

GA

03/21/2019 Americus

GA

Date 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019

City Pooler Marietta MCINTYRE MOULTRIE garden city DUBLIN MCDONOUGH EAST POINT AMERICUS CHATSWORTH Rome Douglasville Stockbridge AUGUSTA Suwanee LAGRANGE tucker Barnesville Macon atlanta THOMASVILLE Austell Norcross AUGUSTA Thomasville winder

State GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA

Appendix 2 of 6

1240918 1433413 1489857 1637226 1240797 1237637 1230369 1263412 1489484 1264883 1240415 1230052 1234173 1231872 1231946 1251229 1746718 1253308 1562606 1254988 1266673 1230522 1454561 1249897 1415890 1439749 1299490 1244158 1233893 1507489 1289682 1696218 1263004 1256667

36250 42127 51072 56926 40806 18235 39681 32792 51042 9310 32833 18165 35162 22575 22561 22109 61940 24197 54494 26256 44623 38805 49591 14210 47835 48647 45353 22300 34088 51607 45153 59626 42126 21998

Atlanta South 75 Inc AYUSHI ENTERPRISE INC Beer Tobacco 1182 LLC Best Check Cashers, Inc GAJKARNA CORPORATION Brahmani inc Hong & Phuong Le, Inc. CARNICERIA LOA #1 DAMANI CANTON INC Danko Quik Cash DEKALB CHECKS INK Dhanraj Inc dba Famous Liquor dharam group llc DIMPAL ENTERPRISES INC Edwards Package Store Inc LAMBIS CHECK CASHING Fort Valley Check Cashing, LLC GTT CORPORATION H&AHN INVESTMENT LLC Boulevard Convenience, Inc Sita Ram Food Mart, LLC RRF Lucky Mart, LLC ZEAS LLC SALIM SAMANI DBA Z&Z CHECK CASHING L&K Express, LLC SEYAN GROUP INC SHIV SHAKTI KRUPA CORP Shree Design Inc SHREE MAHAKALI INC. SHREEJI OF BAXLEY INC SHREEJI S & B INVESTMENT LLC Raina Rakin Investment LLC SINGHANI INVESTMENT GROUP LLC S. T. Food Store, Inc

01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019 01/01/2019

Jackson

GA

MOULTRIE

GA

Brunswick

GA

Marietta

GA

DAWSONVILLE

GA

Hawkinsville

GA

ATLANTA

GA

DALTON

GA

CANTON

GA

Lawrenceville

GA

DECATUR

GA

Warner Robins

GA

Buford

GA

ALPHARETTA

GA

Elberton

GA

lilburn

GA

Fort Valley

GA

FITZGERALD

GA

GAINESVILLE

GA

Atlanta

GA

Unadilla

GA

Griffin

GA

Rome

GA

duluth

GA

Athens

GA

ATLANTA

GA

POOLER

GA

forest park

GA

MACON

GA

JESUP

GA

MOULTRIE

GA

Winder

GA

HOMERVILLE

GA

Augusta

GA

Appendix 3 of 6

1234701 1556733 1265809 1239910 1476028 1540454 1240010 1229266 1273585 1601176 1514860 1574882 1245329 1475769 1240763 1245336 1230902 1241513 1230984 1230610 1411518 1249878 1251217 1690217 1248888 1489863 1238763 1240716 1242093 1622807 1242635 1252869 1246296

37483 53426 30692 34292 50834 53371 23029 41587 31509 55881 52042 56350 44099 50494 41793 23784 34985 23292 23913 16679 48045 16556 37931 59082 22978 51074 43857 23469 39729 56424 35275 30535 20959

Sky Trading Inc SUNRISE 2015 INC. Swami 4009 Inc SWAMI ENT., INC. TAX PRO AIDE LLC TRUSHA ROSWELL INC VK Petro Products, Inc Winder Pure Gas Inc Yabba's Bottle Shop Inc YOG Foodmart LLC SHREENARAYAN 1 INC MEMORIAL EXPRESS INC NILU INVESTMENTS, INC NEMO 22, LLC Neighborhood Food Mart, Inc. Neighborhood Financial Center INC. NEAT WAYS LLC OGA'S ENTERPRISES INC. Moonshil Inc NAPRO Inc Mata Ashapuri inc Mahal, Corporation MAGIC 4590 LLC LUCKY PRIME, LLC LOVEJOY FOOD MART, INC LOLO 2722 LLC Priyaram Inc OMJADEN INVESTMENTS INC Plymel Foods LLC Pritam enterprises llc Prabhu 1, Inc. Pramukh 88 Incorporated acwi,inc

01/01/2019 Hazlehurst

GA

01/01/2019 BAINBRIDGE

GA

01/01/2019 Byron

GA

01/01/2019 TOCCOA

GA

01/01/2019 DECATUR

GA

01/01/2019 Atlanta

GA

01/01/2019 Lithonia

GA

01/01/2019 Winder

GA

01/01/2019 Marietta

GA

01/01/2019 Blackshear

GA

01/01/2019 MONTICELLO

GA

01/01/2019 DECATUR

GA

01/01/2019 LITHONIA

GA

01/01/2019 SAVANNAH

GA

01/01/2019 EASTPOINT

GA

01/01/2019 Decatur

GA

01/01/2019 NORCROSS

GA

01/01/2019 ATLANTA

GA

01/01/2019 Rome

GA

01/01/2019 Forest Park

GA

01/01/2019 Adairsville

GA

01/01/2019 Stone Mountain

GA

01/01/2019 atlanta

GA

01/01/2019 DECATUR

GA

01/01/2019 HAMPTON

GA

01/01/2019 Brunswick

GA

01/01/2019 Brunswick

GA

01/01/2019 AMERICUS

GA

01/01/2019 Moultrie

GA

01/01/2019 savannah

GA

01/01/2019 Warner Robins

GA

01/01/2019 Fort Valley

GA

02/06/2019 conley

GA

Appendix 4 of 6

93

Terminated - Surrendered/Cancelled

NMLS# License#

Company Name

1234702

20080

RONG'S ENTERPRISES, INC.

1
GA Money Transmitter License

Approved
NMLS# License#

Company Name

1273252

64559

TAAJ SERVICES US LLC

1761485

64692

TIO Networks USA Inc.

1656051

65530

LL Pay U.S., LLC

1394445

65171

EncoreFX Ltd.

1814108

65170

Boharti Money Transfer Inc

1808268

65442

FlexRemit LLC

1810302

65507

Visa Global Services Inc.

7
Revoked
NMLS# License#

1057422

24072

RANA Financial LLC

Company Name

1
Terminated - Expired
NMLS# License#

Company Name

1513565

57548

Doxo, Inc.

1561303

53990

FJ Williams Inc

1596669

57718

SUPER-SERVICES ATLANTA LLC

1701125

59764

Blockchain Technology Machines Inc.

4

Terminated - Surrendered/Cancelled

NMLS# License#

Company Name

1018479

39280

World First USA, Inc.

1

Date 03/12/2019

City Conyers

State GA

Date 01/11/2019 02/13/2019 02/14/2019 02/14/2019 02/26/2019 02/27/2019 03/20/2019

City Minneapolis San Jose San Francisco Seattle Stone Mountain DULUTH Foster City

State MN CA CA WA GA GA CA

Date 01/09/2019

City Pompano Beach

State FL

Date 01/01/2019 01/01/2019 01/01/2019 03/06/2019

City Seattle Atlanta atlanta Marietta

State WA GA GA GA

Date 03/05/2019

City Austin

State TX

Appendix 5 of 6

GA Seller of Payment Instruments License

Approved
NMLS# License#

Company Name

1774459

64214

eBay Commerce Inc.

1742738

63739

LVC USA Inc.

1486722

63626

Poloniex, LLC

1769299

64040

eToro USA LLC

1787783

64615

BitRail, LLC

1769744

64577

TokenVault LLC

1746025

64757

Star 8 Financial Inc.

1749137

64691

Bitsy, Inc.

1767779

64756

OKCoin USA Inc.

1428924

59870

The Currency Cloud Inc.

10
Terminated - Expired
NMLS# License#

1237238

18354

Flash Foods, LLC

Company Name

1

Date 01/16/2019 01/16/2019 01/17/2019 01/29/2019 01/30/2019 02/04/2019 02/13/2019 02/13/2019 03/08/2019 03/28/2019

City San Jose Palo Alto Boston Hoboken Atlanta San Francisco Long Beach Midvale San Francisco New York

State CA CA MA NJ GA CA CA UT CA NY

Date 01/01/2019

City Waycross

State GA

Appendix 6 of 6