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Georgia Department of Banking and Finance's Revocation of the Check Cashing Registration of Maria J. Cervantes d/b/a Taxi Veloz Becomes Final

Georgia Department of Banking and Finance's Revocation of the Check Cashing Registration of Maria J. Cervantes d/b/a Taxi Veloz Becomes Final

March 2, 2012


Atlanta, Georgia - On February 28, 2012, a Notice of Intent to Revoke Annual Registration (“Notice”) issued to Maria J. Cervantes d/b/a Taxi Veloz, check casher registration number 33498, located at 1511 East Morris Street, Dalton, Georgia 30721, became final.

This Notice provided that the Department intended to revoke Maria J. Cervantes d/b/a Taxi Veloz’s check casher registration on the grounds that she committed fraud, engaged in dishonest activities, and/or made misrepresentations to the Department by providing it with a check to pay for her check casher registration application for which she did not have sufficient funds in the bank to cover and demonstrated her incompetency and/or untrustworthiness as a registered casher of checks. Further, Maria J. Cervantes d/b/a Taxi Veloz did not show the Department that she was financially responsible and appeared to be able to conduct the business of cashing checks in an honest, fair, and efficient manner and with the confidence and trust of the community and would not be granted a check casher registration if her application was before the Department at the time the Notice was issued.

Pursuant to state law, it is prohibited for any non-exempt person to cash checks for a fee without holding a check casher’s license or registration. 

 

Contact
Rod Carnes
Deputy Commissioner for Non-Depository Financial Institutions
Phone: (770) 986-1371
E-mail: rodc@dbf.state.ga.us

 

The Department has regulatory and/or licensing authority over state-chartered banks, credit unions, trust companies, mortgage loan originators, mortgage brokers, mortgage lenders, mortgage processors, check cashers, sale of check companies, money transmitters, international banking organizations, and bank holding companies conducting business in Georgia.  Visit us on the Web at: http://dbf.georgia.gov/

 

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