Money Gram Extends Exclusive Relationship With ACE Money Express

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Money Gram Extends Exclusive Relationship With ACE Money Express

News Release

DALLAS, Texas Oct. 16, 2014 (GLOBE NEWSWIRE) — MoneyGram (NASDAQ: MGI), a number one international cash transfer and re 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 monetary solutions business. The extensive agreement that is seven-year on a solid collaboration involving the two organizations that have strategically worked together for 25 years to deliver access to alternate financial services for customers through the entire U.S. With this particular renewal, MoneyGram has secured eight of the top agents through the very first quarter of 2017 or past.

“Our company is exceptionally very happy to renew ACE Cash Express to our agreement, which includes been a great 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 chairman and ceo. “Our U.S. Clients have actually relied on our solutions at ACE money Express areas for a long time, and together, we look ahead to building on our provided success. MoneyGram is constantly centered on improving solution delivery, and then we value ACE’s power to satisfy customer requirements for submit transactions, money pickup and bill re payment solutions. “

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

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

“for over one fourth of a hundred years, ACE Cash Express and MoneyGram have supplied convenient economic solutions to huge numbers of people, ” stated

Jay B. Shipowitz

, president and primary officer that is executive of money Express. “ACE’s concern is always to offer customers with use of services and products which will help them fulfill their economic objectives, therefore we think that ACE’s partnership with MoneyGram is still of tremendous value to the clients. “

About MoneyGram Overseas, Inc.

MoneyGram, a money that is leading business, provides crucial solutions to customers who aren’t completely offered by traditional finance institutions. MoneyGram provides worldwide cash transfer solutions much more than 200 nations and regions through a worldwide system of 345,000 representative places, including stores, international post workplaces and banking institutions. MoneyGram now offers bill re payment solutions, problems cash purchases and operations formal checks in choose areas.

Predatory Loan King Backs Schimel

Rod Aycox, partner of reputed mob figure, provides $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 predatory loan king who had been running a payday loans online in Texas business by having a respected mob figure, documents reveal.

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

Aycox may be the creator and ceo of Atlanta-based choose Management Resources and routinely pumps big bucks into promotions of prospects symapthetic into the exhorbitant-interest payday/title loan industry. Aycox additionally operates organizations beneath the names LoanMax, Midwest Title Loans and many other brands, based on the Center for Public Integrity.

The gains he derives from charging you interest that is high to the indegent permits him to reside in luxury.

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

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

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

In addition, are you aware that Swiss francs had been utilized to finance construction for the apartment structures in Clairemont and Rancho Penasquitos.

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

Additionally the 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 being 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 could be a 33 % 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 following a U.S. Drug Enforcement Administration drug-smuggling probe that covered 20 states. He had been acquitted.

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

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