Prof. Meili Quoted in Minneapolis Star Tribune

Professor Steve Meili was interviewed for a story in the Minneapolis Star Tribune concerning MoneyGram International's agreement to pay $18 million to settle allegations by the U.S. Federal Trade Commission that it allowed its system to be used by fraudulent telemarketers in Canada who bilked U.S. cosumers out of over $84 million. Professor Meili noted that while the settlement would send a message to other wire transfer companies, it does not address the underlying problem of how these international scams are able to operate with little or no regulation.