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Money Gram Extends Exclusive Relationship With ACE Cash Express

Money Gram Extends Exclusive Relationship With ACE Cash Express

Pr Release

DALLAS, Texas Oct. 16, 2014 (GLOBE NEWSWIRE) — MoneyGram (NASDAQ: MGI), a online payday IL number one international money transfer and re payment solutions business, announced today so it has renewed a longstanding agreement with certainly one of its biggest agents, ACE money Express, Inc., an Irving, Texas -based economic solutions business. The extensive agreement that is seven-year on a good collaboration involving the two businesses that have strategically worked together for 25 years to produce access to alternative economic services for customers through the entire U.S. With this specific renewal, MoneyGram has guaranteed eight of their top agents through the initial quarter of 2017 or past.

“Our company is exceptionally very happy to renew ACE Cash Express to our agreement, which was a fantastic partner in growing our U.S. Company. This renewal underscores MoneyGram’s powerful worldwide brand name, history of success much more than 200 nations and regions, and unique way 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 money Express places for many years, and together, we look ahead to building on our shared success. MoneyGram is constantly dedicated to boosting solution delivery, and then we value ACE’s power to fulfill customer requirements for submit transactions, cash bill and pickup re re re payment solutions. “

Aided by the contract, MoneyGram’s complete suite of services — cash transfers, cash instructions, bill payments — will still be offered by a lot more than 1,400 U.S. ACE money Express shops.

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

“for over one fourth of a hundred years, ACE money Express and MoneyGram have actually supplied convenient economic solutions to many people, ” stated

Jay B. Shipowitz

, president and chief executive officer of ACE Cash Express. “ACE’s concern is always to offer customers with usage of services and products which will help them satisfy their monetary objectives, and then we genuinely believe that ACE’s partnership with MoneyGram is still of tremendous value to the clients. “

About MoneyGram Global, Inc.

MoneyGram, a respected cash transfer business, provides important solutions to customers who’re maybe not completely offered by conventional finance institutions. MoneyGram provides money that is worldwide solutions much more than 200 nations and territories through an international system of 345,000 representative areas, including merchants, worldwide post workplaces and banking institutions. MoneyGram also provides bill re re payment solutions, problems cash sales and operations checks that are official choose areas.

Predatory Loan King Backs Schimel

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

Brad Schimel. Picture through the continuing State of Wisconsin.

State Attorney General Brad Schimel accepted a $2,500 campaign contribution from the loan that is predatory who had been running a business by having a respected mob figure, documents reveal.

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

Aycox may be the creator and ceo of Atlanta-based Select Management Resources and routinely pumps money that is big promotions of prospects symapthetic to your exhorbitant-interest payday/title loan industry. Aycox additionally operates businesses beneath the true names LoanMax, Midwest Title Loans and many other brands, in line with the Center for Public Integrity.

The gains he derives from billing high interest levels to the indegent permits him to call home in luxury.

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

It to legitimate ventures (like real estate) if you believe Forbes magazine (“The Invisible Enterprise”), Malnik essentially invented the black art of money-laundering, taking mob money and routing. To wit:

“In the 1960s, Miami attorney Alvin Malnik create the lender of Commerce into the Bahamas. Mob money flowed into its key accounts that are numbered the vast sums–(mob financier Meyer) Lansky cash, nearly all of it–and then away again into Tibor Rosenbaum’s Global Credit Bank of Switzerland before time for the usa for investment. ”

In addition, did you know francs that are swiss utilized to invest in construction for the apartment structures in Clairemont and Rancho Penasquitos.

The video video gaming commissions of brand new Jersey and Las Vegas are making Malnik persona non grata. All lies, he states.

Therefore the Arizona Republic reported in 1999:

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

Gretchen Schuldt writes a weblog for Wisconsin Justice Initiative, whoever mission is “To increase the quality of justice in Wisconsin by educating people about legalities and encouraging civic engagement in and debate about the judicial system and its particular operation.

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