MoneyGram charged (again) with facilitating fraud

By , Guest Columnist Updated: December 29, 2018 11:22 AM CT | Published: December 28, 2018 9:38 PM CT
Randy Hutchinson
Guest Columnist

Randy Hutchinson

Randy Hutchinson is the President and CEO of the BBB of the Mid-South, serving 28 counties in Tennessee, Mississippi and Arkansas. He graduated from Western Maryland College and has an MBA from Wilmington College.

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.


Better Business Bureau Of The Mid-South federal trade commission MoneyGram


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