DFS fines MoneyGram $8.25M for suspicious transactions
MoneyGram has agreed to pay $8.25 million in penalties pursuant to a Consent Order entered into with the New York DFS.
MoneyGram has agreed to pay $8.25 million in penalties pursuant to a Consent Order entered into with the New York DFS.
Madison Dearborn Partners will acquire MoneyGram for $11.00 per share in an all-cash transaction valued at $1.8 billion.
This venture, which gives MoneyGram an approximate 4% ownership stake in Coinme, closes out Coinme’s Series A financing round.