News wire article from our research archive:

ATTORNEY GENERAL MCKENNA ANNOUNCES $1.1 MILLION AGREEMENT WITH MONEYGRAM TO HELP PREVENT WIRE TRANSFER FRAUD

The Washington state Attorney General issued the following news release:

Attorney General Rob McKenna today announced a multi-state agreement with MoneyGram Payment Services intended to help prevent U.S. residents from becoming victims of wire transfer scams. MoneyGram will pay $1.1 million to fund a national peer-counseling program to be overseen by the AARP Foundation. The company also agreed to print an attention-grabbing warning on its form used to send money and provide enhanced training to branch agents.

Attorneys general in 44 states and the District of Columbia reached the out-of-court agreement with MoneyGram on July 2, 2008. Washington was among 10 states that initiated ...

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