Powered by

MoneyGram, DOJ, FTC reach agreements

Nov 20, 2018 - Global Banking News

MoneyGram International, Inc. (NASDAQ: MGI) has announced it has entered into agreements with the the Federal Trade Commission (FTC) and the US Department of Justice (DOJ) in connection with previously disclosed matters, the company said.

These agreements are subject to court approval.

In connection with the agreements, the company will amend and extend its deferred prosecution agreement (DPA) with the DOJ for 30 months and will modify its consent order with the FTC. The company als...