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 one of its biggest agents, ACE money Express, Inc., an Irving, Texas -based economic solutions business. The extended agreement that is seven-year on a stronger collaboration involving the two businesses that have strategically worked together for 25 years to deliver access to alternate economic services for customers for the U.S. With this particular renewal, MoneyGram has guaranteed eight of their top agents through the very first quarter of 2017 or beyond.

“we’re exceedingly very happy to renew our contract with ACE money Express, that has been a great partner in growing our U.S. Company payday loans Montana. 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 president and ceo. “Our U.S. Clients have relied on our solutions at ACE money Express places for many years, and together, we look ahead to building on our provided success. MoneyGram is constantly centered on boosting solution delivery, and then we value ACE’s capacity to satisfy customer needs for submit transactions, cash pickup and bill re payment solutions. “

Utilizing the contract, MoneyGram’s complete suite of services money that is, cash requests, bill payments — will still be provided by a lot more than 1,400 U.S. ACE money Express shops.

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

“for longer than one fourth of a hundred years, ACE money Express and MoneyGram have actually supplied convenient services that are financial many people, ” stated

Jay B. Shipowitz

, chairman and primary officer that is executive of money Express. “ACE’s concern would be to offer customers with usage of services and products that will assist them satisfy their goals that are financial and then we think that ACE’s partnership with MoneyGram remains of tremendous value to your clients. “

About MoneyGram Overseas, Inc.

MoneyGram, a money that is leading business, provides important services to customers who’re perhaps not completely offered by old-fashioned finance institutions. MoneyGram provides money that is worldwide solutions much more than 200 nations and territories through a worldwide community of 345,000 representative places, including stores, worldwide post workplaces and banking institutions. MoneyGram also provides bill re re payment services, dilemmas cash requests and operations checks that are official choose areas.

Predatory Loan King Backs Schimel

Rod Aycox, partner of respected mob figure, offers $2,500 to Attorney General Brad Schimel.

Brad Schimel. Picture through the State of Wisconsin.

State Attorney General Brad Schimel accepted a $2,500 campaign contribution from the predatory loan king who was simply in operation with a respected mob figure, documents show.

Schimel accepted the contribution 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 creator and ceo of Atlanta-based choose 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 businesses beneath the names LoanMax, Midwest Title Loans and many other brands, based on the Center for Public Integrity.

The earnings he derives from charging you high interest levels to the indegent permits 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.

If you were to think Forbes magazine (“The Invisible Enterprise”), Malnik really created the black colored art of money-laundering, using mob cash and routing it to genuine ventures (like genuine property). To wit:

“In the 1960s, Miami lawyer Alvin Malnik put up the lender of Commerce within the Bahamas. Mob money flowed into its key numbered reports by the vast sums–(mob financier Meyer) Lansky cash, nearly all of it–and then away once again into Tibor Rosenbaum’s Global Credit Bank of Switzerland before going back to the usa for investment. ”

In addition, did you know Swiss francs had been utilized to invest in construction regarding the 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.

As well as the Arizona Republic reported in 1999:

In a January 1997 sworn deposition for a 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. Within the deposition that is same Aycox stated that he could be a 33 per cent owner and Kenneth Partiss of Atlanta had been a 17 % 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 weblog for Wisconsin Justice Initiative, whoever mission is “To enhance the quality of justice in Wisconsin by educating people about legalities and encouraging civic engagement in and debate about the judicial system and its own procedure.