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TheStreet Open House

Former NYPD Detective Harry Houck To Serve As MoneyGram Anti-Fraud Spokesperson

MoneyGram (NYSE: MGI), a leading global money transfer company, today announced it has retained noted former New York City Police Department Detective Harry Houck as a spokesperson for the company’s ongoing anti-fraud efforts. In this role, Houck will work with MoneyGram and its anti-fraud consumer awareness programs to alert consumers about common scams and how to protect them from being victimized by fraudsters.

“At MoneyGram, we have zero tolerance for people who use money transfer services for illegal activities and deliberately defraud and harm consumers,” said Pamela H. Patsley, MoneyGram chairman and chief executive officer. “We’ve taken numerous steps to enhance our global anti-fraud programs, including investing in our consumer anti-fraud education program. Harry’s experience in law enforcement reinforces MoneyGram’s leadership position in fighting fraud and will be a tremendous asset to us as we help educate consumers in ways to protect themselves from becoming victims of scams."

During his more than 20 years with the NYPD, Houck – a former Marine Sergeant and Vietnam veteran – tested and implemented anti-fraud and investigative strategies and techniques with merchants, which resulted in hundreds of arrests and significantly reduced credit card fraud. Houck was recognized as one of the country’s leading experts and authorities on high-tech crimes upon his retirement as a Detective 1 st Grade in 2002. Recently, Houck developed an innovative investigative process for a major financial network that identifies patterns of customer behavior, which significantly reduced identify theft and prevented consumer loss.

“Once a consumer gives their money to criminals, there is no way to get it back,” said Houck, who often presents his identify theft investigation techniques at law enforcement agencies nationwide, including the internationally renowned NYPD criminal investigation course. “MoneyGram is committed to educating consumers about fraud and scams so that they do not become victims. The best way to stop fraudsters is to educate consumers on how scammers operate and what to be on the lookout for.”

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