MoneyGram Launches Enhanced Fraud Prevention Website

MoneyGram International, Inc. (NYSE: MGI), a leading global money transfer company, has launched an enhanced version of its fraud prevention website – www.moneygram-preventfraud.com – as part of its ongoing program to educate consumers on how to avoid money transfer scams. The website features new interactive tools that promote learning and engagement for consumers as they stay up-to-date on potential money fraud scenarios.

As International Fraud Awareness Week takes place Nov. 8-14, MoneyGram is encouraging consumers to visit the site and play the "Wire or Liar?” game to test their knowledge of common wire scams. Other enhancements to the website include a "fraud-o-meter” that provides real-time updates of the amount of money lost to wire fraud scams in the U.S., as well as examples of potentially fraudulent situations that consumers could encounter at home or in the community.

The updated website is part of MoneyGram’s ongoing effort to help consumers stay protected from wire fraud. As part of this campaign, MoneyGram suggests that before initiating a money transfer, consumers should:

• Know – Always know the person to whom you are sending money. Never send money to strangers.
• Show – Never show or share information about your money transfer to anyone but the recipient.
• Throw – Discard or throw away any offers that promise easy ways to earn money, especially if the offers require you to send money before earning money.

Consumers who suspect fraud associated with money transfers should contact their local law enforcement. Consumers should call 1-800-MONEYGRAM (800-666-3947) if they believe MoneyGram was used to wire money as a result of a scam.

About MoneyGram International
MoneyGram International, a leading money transfer company, enables consumers who are not fully served by traditional financial institutions to meet their financial needs. MoneyGram offers bill payment services in the United States and Canada and money transfer services worldwide through a global network of more than 256,000 agent locations -- including retailers, international post offices and financial institutions -- in 192 countries and territories. To learn more about money transfer or bill payment at an agent location or online, please visit http://www.moneygram.com or connect with us on Facebook.