BATON ROUGE, LA – On May 3, 2013, the Commissioner of the Louisiana Office of Financial Institutions (OFI), John Ducrest, issued an Emergency Order to Cease and Desist and Suspend the License against a licensed money transmitter, Global Money Remittance, Inc. (“Global”), Miami, Florida. The Emergency Order is effective immediately and requires Global’s two locations in the State of Louisiana to stop accepting funds for transfer. The complete list of locations is below.
The OFI is currently investigating allegations that the company has, in several instances, failed to transmit money to intended recipients. It is unknown at this time how many Louisiana consumers have been impacted. If you have initiated a money transfer through Global, or InterTransfers, Inc., that has not been delivered to the intended recipient, you should immediately file a complaint with this Office. OFI will then notify Global’s surety bond company of your claim against Global and the bond.
For information on how to file a complaint, consumers may visit OFI’s website at www.ofi.la.gov and click on the “Complaints” (https://ofi.la.gov/complaints.htm) link located on the left panel of OFI’s web page. After you have completed and signed the complaint form, return it:
Office of Financial Institutions
Post Office Box 94095
Baton Rouge, LA 70804-9095
By Fax: (225) 925-4548
The following is a list of agent locations in Louisiana at which Global Money Remittance, Inc., engaged in the business of money transmission:
2424 Williams Blvd., Suite N
M&P Servicios Hispanos, LLC
8823 Judge Perez Dr.