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Missouri AG Set to Reach Deal with Memphis Tax Preparer

Reported by: Eli Ross
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Updated: 8/31/2012 12:48 pm
MEMPHIS, TN (abc24.com) - The Mo' Money mess continues. The Memphis-based company is on the verge of reaching a deal with the Missouri Attorney General.

According to a spokeswoman with Missouri Attorney General Chris Koster, details of the deal could be filed as early as Tuesday.

In early March, Koster sued MoneyCo USA, also known as Mo' Money Tax Service. A week later, the Attorney General of Illinois sued as well.

Both lawsuits came after a massive tax mess filled of customers complaints about delayed tax returns, and at times, incorrect tax filings.

Lawyers for Attorney General Koster were set to ask a judge in St. Louis to issue a temporary restraining order against the company. That hearing was set for Tuesday. That is now on hold as this deal is negotiated.

Mo' Money Co-Founder Markey Granberry didn't return calls and texts from abc24.com for comment.
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The views expressed here do not necessarily represent those of abc24 News

UnoHoo - 8/31/2012 6:07 PM
2 Votes
"A FOOL and their money will soon be parted" (or fools, in this case) - Thomas Tusser

ReligionStinks - 8/31/2012 12:19 PM
1 Vote
One should always be suspicious of any business with the word "Mo" in its name. Anything that ghetto sounding probably isn't safe.

Suburb - 8/31/2012 11:12 AM
2 Votes
Wish they would just shut down their 'business'!! They have messed up all over the Uniten States, and soo many customers, and it's been all over the news, if people continue to get their taxes done at Mo' Money they are the fools....If the government won't shut them down, if they have no business they can't remain opened!!!!
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