United States v. MoneyGram International
Remission Website
Home Frequently Asked Questions Case Documents Contact Us

Frequently Asked Questions

Please find below answers to frequently asked questions
  1. What is this case about?
  2. What did Money Gram International forfeit?
  3. Am I an eligible claimant?
  4. What will eligible claimants receive?
  5. What is remission?
  6. What is the deadline for filing a Petition for Remission?
  7. How do I submit a Petition for Remission?
  8. Where do I get more information or how can I contact the Remission Administrator?
  1. What is this case about?

    MoneyGram International forfeited $100 million and entered into a deferred prosecution agreement with the Justice Department in which it admits to criminally aiding and abetting wire fraud. MoneyGram was involved in mass marketing and consumer fraud phishing schemes, perpetrated by corrupt MoneyGram agents and others, that defrauded tens of thousands of victims in the United States. MoneyGram also failed to maintain an effective anti-money laundering program in violation of the Bank Secrecy Act. The Justice Department will return the forfeited funds to the victims of the fraud scheme through its Victim Asset Recovery Program.

    The scams, which generally targeted the elderly and other vulnerable persons, were committed by falsely promising victims they would receive large cash prizes, falsely offering various high-ticket items for sale over the Internet at deeply discounted prices, falsely promising employment opportunities as "secret shoppers," and placing distressed phone calls falsely posing as the victim's relative and claiming to be in trouble and in urgent need of money. In each case, the perpetrators required the victims to send them advance money through MoneyGram's money transfer system in order to receive a promised product or service. The victims never received what they were promised.

    Top

     

  2. What did Money Gram International forfeit?

    On November 9, 2012, MoneyGram International Inc.(MGI), a global money services business, agreed to the forfeiture of $100 million as part of a deferred prosecution agreement with the U.S. Department of Justice. MGI admitted to criminally aiding and abetting wire fraud through mass marketing and consumer fraud phishing schemes perpetrated by corrupt MGI agents. The $100 million paid by MGI was forfeited by the U.S. Postal Inspection Service and will be returned to eligible victims through the Petition for Remission process.

    Top

     

  3. Am I an eligible claimant?

    If you wired funds from a MGI location in the United States or Canada to a payee in the United States or Canada between January 1, 2004 and August 31, 2009, and believe you were a victim of the fraud you may be an eligible claimant.

    Top

     

  4. What will eligible claimants receive?

    The amount you receive will be a pro rata share of your loss amount offset by any non-remission recovery.

    Only the amount of the transfer will be included in approved remission amounts. Collateral expenses such as wire transfer fees, incidental losses, or transfers sent through other businesses are not recoverable through the remission process.

    In addition, you may have received a refund from a previous settlement with the Federal Trade Commission in a separate MGI matter. This amount will be deducted from your claimed fraud loss when determining your net loss amount.

    Top

     

  5. What is remission?

    The funds that were declared forfeited in the MoneyGram matter will be returned to victims through a process called "remission." The remission process for assets forfeited by the United States Postal Inspection Service (USPIS) is governed by the Code of Federal Regulations, Title 39, Part 233.7. After a victim files a petition for remission detailing the loss amount, a determination will be made by the USPIS as to whether the petition will be granted. Upon conclusion of the petition review process, all granted petitioners will receive payment for some or all of their approved loss.

    Top

     

  6. What is the deadline for filing a Petition for Remission?

    Your Petition must be postmarked no later than November 15, 2013.

    Top

     

  7. How do I submit a Petition for Remission?

    You must submit your Petition for Remission to the Remission Administrator, postmarked no later than November 15, 2013. Mail your Petition to:

    United States v. MoneyGram International
    P.O. Box 808061
    Petaluma CA 94975-8061

    You can print out a remission form available under the Case Documents tab.

    Top

     

  8. Where do I get more information or how can I contact the Remission Administrator?

    You may contact the Remission Administrator at 877-282-2610 or by email at moneygramremission@classactmail.com. You may also write to:

    United States v. MoneyGram International
    P.O. Box 808061
    Petaluma CA 94975-8061

    Top