Money transfer fraud: 'It's all hands on deck'

Thu, Dec 8th 2011, 11:22 AM

By NATARIO McKENZIE
Tribune Business Reporter
nmckenzie@tribunemedia.net

MONEYGRAM International yesterday confirmed it had launched an investigation into reports of ‘test transaction fraud’ that had hit some of its agents in the Bahamas and the Caribbean, a senior executive said yesterday, telling Tribune Business it was “all hands on deck” to get to the bottom of the matter.
Patty Sullivan, MoneyGram’s senior spokeswoman, told Tribune Business yesterday that while she was unable to confirm whether a MoneyGram agent in the Bahamas had been impacted by the fraud, the US headquartered money transfer company had received reports of test transaction frau ...

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