Mo Money owner apologizes

RICHMOND, VA (WWBT) - The owners of an embattled tax preparation company are apologizing tonight. Mo Money Taxes says checks will be delivered in Richmond Friday morning.

In a statement Mo Money Taxes back tracks and no longer places all the blame for the delays on the IRS. Owner Markey Granberry says, quote... "We also had our own technical issues and we are deeply sorry for the confusion."

Mo Money says the money, as in refund checks, is on the way to Virginia.

Markey Granberry is insisting that his company did not engage in anything fraudulent or criminal. But Thursday the Better Business Bureau issued a consumer alert and gave Mo Money Taxes an F- rating.

Consumers say Mo Money checks are bouncing or cannot be cashed. Police in Tidewater shut down six locations and according to search warrants obtained today by NBC12, Norfolk Police say they believe "probable cause exists" to show Mo Money obtained money under "false pretense" -- violating Virginia law.

Again the owner insists this is a technical problem and nothing criminal is going on. Meanwhile- Congressman Bobby Scott is petitioning the US Attorney General to investigate. The owner of Mo Money says he may even personally deliver some of the checks in Norfolk on Friday. But as of now, he's yet to book his ticket.

The Mechanicsville Turnpike office is expecting checks to arrive Friday morning. It's not clear if two offices in Richmond will re-open or if checks will be distributed solely from the Mechanicsville location.

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