Missouri, Illinois reach agreement with MoneyGram - KMOV.com

Missouri, Illinois reach agreement with MoneyGram

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(Credit: KMOV-TV) (Credit: KMOV-TV)

Missouri and Illinois have reached a $13 million agreement with MoneyGram, based in Dallas, Texas. The refunds are good, but the settlement also promises better safeguards for consumers in the future.

Scammers love to use pre-loaded cards to collect payment from their potential victims. News 4 Investigates has reported on many of those victims over the years.

Nina Johnson called News 4 after sending hundreds of dollars by MoneyGram to a man she thought was renting out a house in Belleville, Illinois.

“He told me he needed a $500 deposit,” Johnson said. “And once I put in the deposit that would secure the home."

Unfortunately, the man was not the real owner.

"I did everything I could and I got scammed,” Johnson said.

Leslie Bridges was looking for a car. She told News 4 how she found a great deal on Craig’s List.

"Is the price of that car lower than what it should be? Oh yea," Bridges said.

She sent $3,100 in two MoneyGram orders to a seller she thought was in Mississippi. It actually went to Louisiana. Her money was gone.

"Never ever send money to someone you haven't met,” Bridges said.

And Stacey Wood told News 4 how she applied for what she thought was a government grant for her small business.

When he told her to wire $230 by MoneyGram, she knew it was a scam.

"It wasn't true, it's all fake, I am sure of it," Wood said.

As part of the agreement, MoneyGram is promising to provide better training for its employees to help them recognize possible scams.

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