Scam victims getting checks from $125M settlement
(WXIN) — If you were a victim of a scam and paid money through MoneyGram, you may be getting your money back.
On Friday, the Federal Trade Commission (FTC) announced that refund checks worth over $115 million are on their way to almost 39,000 people whose claims were approved.
The checks come after MoneyGram made a $125 million settlement with the FTC in 2018 to resolve allegations that it failed to meet agreements to crack down on consumer fraud involving money transfers.
In 2021, people who paid money through MoneyGram between January 1, 2013 and December 31, 2017 were eligible to file claims in the case. Now, the claims administrator is sending out the checks.
The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.more information
Your electronic library to help in fighting financial fraud for all of our partners.more information