Georgia Department of Banking and Finance's Orders to Cease and Desist Issued to Young Choe and Eric Young Become Final, as does the Revocation of the Check Seller License of Eastern Union, Inc. d/b/a United One

January 19, 2011

Atlanta, Georgia - On January 19, 2011, Orders to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) became final against Young Choe, the owner of Eastern Union, Inc. d/b/a United One (“Eastern Union”), check seller license number 19450, located at 221-A Cleveland Avenue, SW, Atlanta, Georgia 30315, and Eric Young, the company’s chief executive officer. 

These Orders to Cease and Desist provided that Ms. Choe and Mr. Young conducted Eastern Union’s business in an unsafe and unauthorized manner by selling checks to consumers that were not backed by sufficient funds to be honored when presented for payment.

Also on January 19, 2011, a Notice of Intent to Revoke Annual License (“Notice”) issued to Eastern Union became final. This Notice provided that the Department was no longer satisfied that Eastern Union was able to conduct the business of selling checks in an honest and efficient manner and with the confidence and trust of the community.

Pursuant to state law, it is prohibited for any person to sell checks without holding a check seller’s license or operating under a lawful exemption from licensure. 

Rod Carnes
Deputy Commissioner for Non-Depository Financial Institutions
Phone: (770) 986-1371


The Department has regulatory and/or licensing authority over state-chartered banks, credit unions, trust companies, mortgage brokers, mortgage lenders, mortgage processors, mortgage loan originators, 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:

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