Complaint Review: Lotus Financial Services Moneygram - Atlanta Georgia

Aafes, Thanks for the support. It seems like you know a lot about this type of con. Is there anything going on to stop these people. They just keep changing their names to different financial institutions. So, when people try to research, no negative feedback comes out right away because it is a 2 week scam and there gone. I have done a lot of research and if i had more power I know I could find these people myself. Any insight?

John, Sorry to hear you fell for this scam. It has been around for about a decade now and various Attorney Generals' have filed lawsuits regarding its practice. Unfortunately, when Western Union was sued for transferring money via this scam they were moderately fined and required to provide "education" to their customers regarding the danger of advance fee loan scams. While you could sue them, their terms are fairly clear in regard to their services. They simply transfer funds as you direct. The receiver can, as the previous poster stated, pick up the money just about anywhere in the world with proper identification.

Eduardo, I have no idea where this fine print is that you speak of stating that money sent by the sender which is how moneygram is PAID states that money can get picked up in any country. There is absolutely NO reason at all that the destination you sent the money too should not be the destination where you have to pick up the funds. If this were the case I would still have my money. Granted it was a very stupid and idiotic thing for me to do, however since you responded to my thought you HAVE to be be reading the millions of other cases of how the same thing is happening to so many others. I am not stating it is moneygram's fault, Im just strictly stating that moneygram should send the money to where the sender states period! If for some reason it does have to be picked up in a different country, inform the sender first since he was the one who stated another country. Moneygram NOW finally realizes that because millions got scammed and now they have a tighter security. They should have thought of that earlier. Keep loving your job though!

Thank god for this website, you get to educate yourself before you do something that you might regret.

I dont know the details of who contact you but I can tell you something: read the Fine print. Moneygram does gurantee the transaction to be receive in ANY location, And that Includes different countries. As employees we try to verify the information to be sure that the person that receives is not scamming the sender, but it is the Senders Responsability NOT TO SEND MONEY TO PEOPLE YOU DONT KNOW. specially if all tehy need is a photo ID to receive. The city and state that you provide is to guarantee a service fee and exchange rate if it applies, because some states and countries require that info. Now, for more than 6 months the moneygram system does not allow redirect transactions to Canada, unless that is the original destination and the moneygram send form includes as well more fraud warnings in the front and back. If you call now 1800 MONEYGRAM and you say you are going to send money to somebody you dont know to get a loan , I guarantee you, one of us will educate you and will tell you not to do it!!. So at the end is your lost. You authorize somebody you did not know to receive that money, no matter where they did it.