Mo’ Money CEO speaks out about federal raid

Posted at 12:05 AM, Apr 26, 2012
and last updated 2012-04-26 00:05:25-04

NewsChannel 3 has learned new details about a federal raid at the headquarters of Mo’ Money Taxes in Memphis.

The company turned lives upside down here in Norfolk. Some people are still waiting to get their tax returns.

The co-founder of the company says he called the Feds on himself.

Illinois and Missouri attorneys general are suing the company.

Virginia congressional leaders are also calling for investigations.

Norfolk cops shut down local locations in February.

CEO Markey Granberry blames a check processor for Mo’ Money's problems.