Financial Crime Financial Crime

Remittance giant MoneyGram sued by US, NY for repeated consumer-protection violations

By Neil Roland
  • 21 Apr 2022 16:17
  • 21 Apr 2022 16:33
MoneyGram, one of the largest US-based remittance providers, was sued by US and New York consumer watchdogs for allegedly failing to deliver funds promptly from immigrants to their families back home, accurately tell customers when transfers would be made, and refund consumers for delayed transfers.
The publicly traded Dallas-based company,

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Neil Roland

Senior Correspondent


Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

Discover MLex

Stay on top of global regulatory developments

Latest News