Fines Paid By Western Union Were Dedicated To Repay Victims Of

Huntington NY

12 February, 2021

4:38 PM

Description

on September 23, 2020, returning $147 million to victims or 100% of their losses. How did the scam work? Scammers contacted people and promised never sent prizes, loans, jobs, discounted products in exchange for money upfront. They also pretended to be family members in need of cash, or law enforcement officers demanding payment, such as in the grandparent scam. The scammers told people to send money through Western Union. Because of joint investigations by the Federal Trade Commission : Department of Justice (DOJ), and the U. S. Postal Inspection Service, Western Union agreed to pay a $586 million fine and admitted to aiding and abetting the scammers through wire fraud. The Dept. of Justice used that money to provide refunds to people. Update February 5, 2021. DOJ in conjunction with USPIS and the Remission Administrator continues to review Petitions for Remission and Reconsideration Request forms from potential victims of the Western Union fraud. The deadline for a claim closed on September 30,2019, however "acceptance of mailed Petitions for Remission postmarked after this date will be subject to the Justice Department's discretion" 844-319-2124