There are 1 article(s) tagged MoneyGram:

• December 2018

  • MoneyGram charged (again) with facilitating fraud

    An old adage says “Fool me once, shame on you; fool me twice, shame on me.” The Federal Trade Commission didn’t take kindly to being fooled twice by MoneyGram International and imposed a $125 million fine on the company, which operates a network of about 350,000 money transfer locations worldwide. The Department of Justice said MoneyGram also violated a similar agreement it reached with the company in 2012.

    By Randy Hutchinson December 29, 2018