Western Union scams - refunds thru FTC
Nov 20, 2017 - "If you, a friend or loved one lost money in a scam involving Western Union, some or all of those funds may be recoverable thanks to a more than half-billion dollar program set up by the U.S. Federal Trade Commission. In January 2017, Englewood, Colo.-based Western Union settled a case with the FTC and the Department of Justice wherein it admitted to multiple criminal violations, including willfully failing to maintain an effective anti-money laundering program and aiding and abetting wire fraud. As part of the settlement, the global money transfer business agreed to forfeit $586 million. Last week, the FTC announced* that individuals who lost money to scammers who told them to pay via Western Union’s money transfer system between January 1, 2004 and January 19, 2017 can now file a claim to get their money back by going to FTC.gov/WU** -before- February 12, 2018...
Scammers tend to rely on money transfer businesses like Western Union and MoneyGram because once the money is sent and picked up by the recipient the transaction is generally irreversible. Such scams include transfers made for fraudulent lottery and prizes, family emergencies, advance-fee loans, and online dating, among others.
Affected consumers can visit FTC.gov/WU** to file claims, learn more, or get updates on the claims process, which could take up to a year. The graphic below seeks to aid victims in filing claims:
... The agency emphasized that filing a claim is -free- so consumers should -not- pay anyone to file a claim on their behalf..."