Money Gram Extends relationship that is exclusive 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 economic solutions business. The extensive agreement that is seven-year on a powerful collaboration involving the two organizations who possess strategically worked together for 25 years to produce access to alternate economic services for customers through the U.S. With this specific renewal, MoneyGram has guaranteed eight of its top agents through initial quarter of 2017 or past.

« we have been exceedingly happy to renew our contract with ACE money Express, 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 countries and regions, and unique method of serving our agents and customers,  » says

Pamela H. Patsley

, MoneyGram’s chairman and executive officer that is chief. « Our U.S. Customers 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 dedicated to boosting solution delivery, and then we value ACE’s capability to satisfy consumer requirements for send transactions, money pickup and bill re re re payment solutions. « 

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

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

« for over a quarter of a hundred years, ACE Cash Express and MoneyGram have actually provided convenient economic solutions to many people,  » said

Jay B. Shipowitz

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

About MoneyGram Global, Inc.

MoneyGram, a number one cash transfer business, provides important services to customers who aren’t completely offered by conventional finance institutions. MoneyGram provides money that is worldwide solutions much more than 200 countries and regions through a worldwide community of 345,000 representative places, including merchants, worldwide post workplaces and banking institutions. MoneyGram also provides bill re payment solutions, dilemmas cash requests and operations formal 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 continuing 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 by having 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 campaign finance report that is latest.

Aycox could be the founder and ceo of Atlanta-based Select Management Resources and routinely pumps a lot of money into promotions of applicants symapthetic to your exhorbitant-interest payday/title loan industry. Aycox additionally operates organizations beneath the names LoanMax, Midwest Title Loans and several other brands, based on the Center for Public Integrity.

The earnings he derives from billing interest that is high to the indegent enables him to call home in luxury.

Aycox, a previous car that is used 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.

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 arranged the lender of Commerce when you look at the Bahamas. Mob money flowed into its secret numbered reports by the vast sums–(mob financier Meyer) Lansky cash, the majority of it–and then away again into Tibor Rosenbaum’s Global Credit Bank of Switzerland before time for the usa for investment. ”

In addition, are you aware that francs that are swiss utilized to fund construction of this apartment structures in Clairemont and Rancho Penasquitos.

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

Additionally the Arizona Republic reported in 1999:

In a January 1997 sworn deposition for the Georgia civil action, 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 exact same deposition, Aycox stated that he could be a 33 % owner and Kenneth Partiss of Atlanta ended up being a 17 per cent owner. In 1983 Partiss had been among 84 defendants indicted in Miami after 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.

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