Chinese Owned Company to Acquire MoneyGram - GoFuckYourself.com

Bladewire · 04-03-2017, 11:25 AM

The Trump administration let the deadline for antitrust actions expire last week with no response.

Last month China suddenly granted Trump over 130 Trademarks he's been after for over a decade. Will Trump return the favor and let China acquire MoneyGram?

Acquiring MoneyGram will give the Chinese government access to the personal and financial information of millions of Americans, including thousand of American government & military personnel.

---

Chinese grab for U.S. money transfer giant sets off alarms - POLITICO

Lawmakers, national security experts and veterans of the review process say the Committee on Foreign Investment in the United States is ill-designed to assess all the national security implications of international mergers in the age of information ? including the often-blurry picture of who actually controls foreign firms or who has access to an international company?s sensitive data.

Moreover, they say, it is severely understaffed to handle the rising number of complicated cases and lacks the authority to address evolving threats in telecommunications, media, agriculture and other industries.

In the case of Ant Financial?s proposed acquisition of MoneyGram, critics say, the fallout could include exposing personal data on millions of Americans.

CFIUS is expected to complete its review during the next several months.

"If the transaction is approved, China would gain direct access to a significant amount of transactional data in MoneyGram?s network," warns Rep. Robert Pittenger, a North Carolina Republican who serves on the Financial Services Committee and is vice chair of the Task Force on Terrorist Financing. "The data would include names, bank account numbers, as well as the location of MoneyGram customers."

Like other CFIUS critics, Pittenger wants a more rigorous review process to ensure such deals do not make the U.S. more vulnerable to foreign espionage, blackmail or cyberattacks.

Google Expert · 04-03-2017, 01:09 PM

only scammers use moneygram / western union

Bladewire · 04-03-2017, 04:34 PM

Quote:

Originally Posted by Google Expert

only scammers use moneygram / western union

Military personnel & government agencies use money gram.

Relic · 04-03-2017, 04:43 PM

Quote:

Originally Posted by Google Expert

only scammers use moneygram / western union

easy there

Elli · 04-03-2017, 05:17 PM

I wouldn't be surprised if Trump spins this as a way to get info on the "millions of illegals" who are sending funds home to Mexico. Isn't Western Union how much of the cash is sent? If China hands over the identifying info of people making out-of-country transfers, wouldn't that be worth a little favour back to China?

brassmonkey · 04-03-2017, 05:21 PM

Quote:

Originally Posted by Elli

I wouldn't be surprised if Trump spins this as a way to get info on the "millions of illegals" who are sending funds home to Mexico. Isn't Western Union how much of the cash is sent? If China hands over the identifying info of people making out-of-country transfers, wouldn't that be worth a little favour back to China?

it's already sold! they won't get pass the law!

Elli · 04-03-2017, 05:26 PM

Quote:

Originally Posted by brassmonkey

it's already sold! they won't get pass the law!

Right. A little quid pro quo going on here.

Bladewire · 04-03-2017, 06:42 PM

Quote:

Originally Posted by Elli

I wouldn't be surprised if Trump spins this as a way to get info on the "millions of illegals" who are sending funds home to Mexico. Isn't Western Union how much of the cash is sent? If China hands over the identifying info of people making out-of-country transfers, wouldn't that be worth a little favour back to China?

The government has that data already in MoneyGrams quarterly private federal disclosures Privacy Policy: Information Sharing | MoneyGram

Elli · 04-03-2017, 07:00 PM

Quote:

Originally Posted by Bladewire

The government has that data already in MoneyGrams quarterly private federal disclosures Privacy Policy: Information Sharing | MoneyGram

Ah. Well, then!

nikki99 · 04-03-2017, 07:10 PM

be aware with moneygram

04-03-2017, 11:25 AM	#1
Bladewire StraightBro Industry Role: Join Date: Aug 2003 Location: Monarch Beach, CA USA Posts: 56,232	Chinese Owned Company to Acquire MoneyGram The Trump administration let the deadline for antitrust actions expire last week with no response. Last month China suddenly granted Trump over 130 Trademarks he's been after for over a decade. Will Trump return the favor and let China acquire MoneyGram? Acquiring MoneyGram will give the Chinese government access to the personal and financial information of millions of Americans, including thousand of American government & military personnel. --- Chinese grab for U.S. money transfer giant sets off alarms - POLITICO Lawmakers, national security experts and veterans of the review process say the Committee on Foreign Investment in the United States is ill-designed to assess all the national security implications of international mergers in the age of information ? including the often-blurry picture of who actually controls foreign firms or who has access to an international company?s sensitive data. Moreover, they say, it is severely understaffed to handle the rising number of complicated cases and lacks the authority to address evolving threats in telecommunications, media, agriculture and other industries. In the case of Ant Financial?s proposed acquisition of MoneyGram, critics say, the fallout could include exposing personal data on millions of Americans. CFIUS is expected to complete its review during the next several months. "If the transaction is approved, China would gain direct access to a significant amount of transactional data in MoneyGram?s network," warns Rep. Robert Pittenger, a North Carolina Republican who serves on the Financial Services Committee and is vice chair of the Task Force on Terrorist Financing. "The data would include names, bank account numbers, as well as the location of MoneyGram customers." Like other CFIUS critics, Pittenger wants a more rigorous review process to ensure such deals do not make the U.S. more vulnerable to foreign espionage, blackmail or cyberattacks.

04-03-2017, 05:17 PM	#5
Elli Reach for those stars! Industry Role: Join Date: Apr 2003 Location: Vancouver, BC Posts: 17,991	I wouldn't be surprised if Trump spins this as a way to get info on the "millions of illegals" who are sending funds home to Mexico. Isn't Western Union how much of the cash is sent? If China hands over the identifying info of people making out-of-country transfers, wouldn't that be worth a little favour back to China? __________________ Make More Money with Cams and Dating at FFN.com! email: [email protected]

04-03-2017, 07:10 PM	#10
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04-03-2017, 01:09 PM	#2
Google Expert Webmaster Industry Role: Join Date: Jun 2004 Posts: 14,295	only scammers use moneygram / western union