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Attorney General Terry Goddard, along with Minneapolis-based MoneyGram Payment Systems Inc., will set up a $1.1 million fund to educate consumers about fraud risks while wiring money.

MoneyGram will fund the $1.1 million national consumer awareness program through a voluntary compliance agreement, the Attorney General's Office said.

The agreement, which includes 43 other states and the District of Columbia, addresses concerns about fraudulent money transfers dealing with telemarketers and scam artists.