Green Dot MoneyPak Scamming Internet Car Shoppers

Green Dot Moneypak used to scam internet buyers

Fraudsters are now using Green Dot Moneypak for payment on non-existent vehicles Recently a Millersville man thinking he was buying a 2002 Ford Explorer for $2000 fell victim to this scam. From Lancaster Online: “A Millersville Borough resident fell for an online scam, paying $2,000 for a used SUV owned by an Army National Guard member in Utah and getting nothing, borough police said. The victim, who lives in the 100 block of Manor Avenue, responded to a Craigslist ad for a 2002 Ford Explorer. He exchanged emails with the…

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MoneyGram To Refund $100M To Fraud Victims

MoneyGram Busted For Money Laundering

MoneyGram International has admitted it criminally aided and abetted wire fraud and failed to maintain an effective anti-money laundering program. The global money services firm has agreed to forfeit $100 million and enter into a deferred prosecution agreement (DPA) with the Justice Department. According to court documents, MoneyGram was involved in mass marketing and consumer fraud phishing schemes, perpetrated by corrupt MoneyGram agents and others, that defrauded tens of thousands of victims in the United States. MoneyGram also failed to maintain an effective anti-money laundering program in violation of the…

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