The Journalist's Creed Headlines  NewsBook: MDN headlines   NewsNow: Headlines from across the state  NewsViews: Editorials across the state Stories  Search 2008  Text Search  By Date  By Subject  By Reporter  2007  2006  2005  2004  2003  2002  2001  2000  1999  1998  1997  1996  1995 Data 2008  Feb. Special Elections Presidential Primary  House Votes  Senate Votes  2009 Budget  Registered Lobbyists  Meeting Notices  Bills  House Roster  Senate Roster  Calendars  Supreme Court Dockets  Supreme Court Decisions  2007  2006  2005  2004  2003  2002  2001  2000  1999  1998  1997  1996  1995 Audio  House Live   Senate Live  MDN Map

Attorney General Fighting Wire Fraud

Almost a third of all wire transfers to Canada are fraudulent. Jonathan Levin has more on what Jay Nixon is doing to stop the problem.

The attorney general reached an agreement with Western Union forcing the company to help combat wire fraud.

Nixon's spokeman Jim Gardner says people must be weary of fraud.

The agreement will allow customers to cancel uncollected wire transfers when they suspect fraud without paying a fee . Western Union will also be spending $8 million on fraud education. From the state Capitol, I'm Jonathan Levin.

#######

Missourians are payig a high price for wire fraud. Jay Nixon today took steps to help prevent it from continuing to go on. Jonathan Levin has more from Jefferson City.

Missouri joined with 46 other states signing an agreement with Western Union to help stop wire fraud.

An estimated $113 million is lost nationaly each year to fraudulent transfers to Canada.

Spokesman Jim Gardner explains how this happens:

As part of the deal Western Union will spend $8 million on consumer education. The company will also institute a training program to help their employees spot potential fraud.

From the State Capitol, I'm Jonathan Levin.