Money Gram Extends Exclusive Relationship With ACE Money Express

Pr Release

DALLAS, Texas Oct. 16, 2014 (GLOBE NEWSWIRE) — MoneyGram (NASDAQ: MGI), a respected worldwide cash transfer and re re re payment solutions business, announced today so it has renewed a longstanding contract with certainly one of its largest agents, ACE money Express, Inc., an Irving, Texas -based economic solutions business. The extended agreement that is seven-year on a powerful collaboration involving the two organizations that have strategically worked together for 25 years to present access to alternate economic services for customers through the entire U.S. Using this renewal, MoneyGram has guaranteed eight of its top ten agents through the initial quarter of 2017 or past.

“Our company is acutely very happy to renew ACE Cash Express to our agreement, which includes been a fantastic partner in growing our U.S. Company. This renewal underscores MoneyGram’s powerful brand that is global history of success much more than 200 nations and regions, and unique method of serving our agents and customers, ” says

Pamela H. Patsley

, MoneyGram’s president and executive officer that is chief. “Our U.S. Clients have actually relied on our solutions at ACE Cash Express places for many years, and together, we look ahead to building on our provided success. MoneyGram is constantly centered on boosting solution delivery, and we value ACE’s power to fulfill customer requirements for submit transactions, money bill and pickup re payment solutions. “

Using the contract, MoneyGram’s complete suite of services money that is, cash purchases, bill payments — will still be provided by a lot more than 1,400 U.S. ACE money Express shops.

Consumers also can access MoneyGram’s online solutions through the ACE Cash Express internet site, where they could link straight to MoneyGram to move funds or settle payments.

“for longer than a quarter of a hundred years, ACE money Express and MoneyGram have provided convenient services that are financial huge numbers of people, ” stated

Jay B. Shipowitz

, president and primary executive officer of ACE money Express. “ACE’s concern would be to offer customers with usage of services and products which will help them fulfill their monetary objectives, and now we think that ACE’s partnership with MoneyGram is still of tremendous value to your customers. “

About MoneyGram Overseas, Inc.

MoneyGram, a money that is leading business, provides important solutions to customers that are maybe not fully offered by conventional banking institutions. MoneyGram provides money that is worldwide solutions much more than 200 countries and regions through an international system of 345,000 representative locations, including merchants, worldwide post workplaces and banking institutions. MoneyGram offers bill re re payment solutions, problems cash sales and operations official checks in choose areas.

Predatory Loan King Backs Schimel

Rod Aycox, partner of respected mob figure, provides $2,500 to Attorney General Brad Schimel.

Brad Schimel. Picture through the State of Wisconsin.

State Attorney General Brad Schimel accepted a $2,500 campaign contribution from a predatory loan king who had been running a business with a reputed mob figure, documents reveal.

Schimel accepted the donation from Rod Aycox, of Alpharetta, GA, on March 15, campaign finance documents reveal. The contribution is placed in Schimel’s latest campaign finance report.

Aycox may be the founder and ceo of Atlanta-based choose Management Resources and routinely pumps money that is big promotions of applicants symapthetic to your exhorbitant-interest payday/title loan industry. Aycox additionally operates organizations underneath the true names LoanMax, Midwest Title Loans and several other brands, in accordance with the Center for Public Integrity.

The earnings he derives from asking high interest levels to the indegent permits him to reside in luxury.

Aycox, an old car or truck and insurance coverage salesman, is at one time a co-owner with Alvin Malnik of Title Loans of America. Malnik is a reputed mob associate.

If you think Forbes magazine (“The Invisible Enterprise”), Malnik really created the black colored art of money-laundering, using mob cash and routing it to genuine ventures (like genuine property). To wit:

“In the 1960s, Miami attorney Alvin Malnik put up the lender of Commerce within the Bahamas. Mob money flowed into its key numbered records by the billions–(mob financier Meyer) Lansky cash, the majority of http://cheapesttitleloans.com/payday-loans-tn/ it–and then away once once once again into Tibor Rosenbaum’s Overseas Credit Bank of Switzerland before time for the usa for investment. ”

In addition, did you know Swiss francs had been utilized to fund construction of this apartment structures in Clairemont and Rancho Penasquitos.

The video video video gaming commissions of the latest Jersey and nevada are making Malnik persona non grata. All lies, he claims.

Together with Arizona Republic reported in 1999:

In a January 1997 sworn deposition for a Georgia action that is civil Aycox, then president and part-owner of Title Loans of America, unveiled Malnik as an owner of U.S. Title Trust, which has 50 per cent of Title Loans of America. Into the deposition that is same Aycox stated that he’s a 33 % owner and Kenneth Partiss of Atlanta ended up being a 17 % owner. In 1983 Partiss ended up being among 84 defendants indicted in Miami after having a U.S. Drug Enforcement Administration drug-smuggling probe that covered 20 states. He had been acquitted.

Gretchen Schuldt writes a web log for Wisconsin Justice Initiative, whoever objective is “To increase the quality of justice in Wisconsin by educating the general public about legalities and encouraging civic engagement in and debate about the judicial system and its own procedure.