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MoneyGram again extends deferred prosecution agreement

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MoneyGram again extends deferred prosecution agreement

MoneyGram International Inc. has agreed with the Middle District of Pennsylvania and the U.S. Department of Justice to again extend its deferred prosecution agreement for an additional 45 days to May 7.

The extension aims to give MoneyGram and regulators more time to discuss whether the company is in compliance with the agreement.

On Jan. 31, the company lengthened the agreement by 45 days to March 23.

The company entered the pact Nov. 8, 2012, after reaching a settlement with Pennsylvania and the Justice Department in connection with an investigation of transactions involving some of the company's U.S. and Canadian agents, as well as fraud complaint data and the consumer anti-fraud program, from 2003 to early 2009.