Scam Alert: Don't Pay Anyone to Get Your Refund from Western Union
The refund stems from a settlement reached last year and is meant for victims of Western Union wire transfer fraud
The Federal Trade Commission (FTC) is warning people eligible for a refund from Western Union's settlement of fraud allegations about a new attempt to scam them out of their money.
Western Union agreed last year to pay $585 million to settle federal allegations claiming that it did not take enough action to prevent fraudulent transactions. Con artists will often use Western Union and other money wiring services to extort money from unsuspecting consumers.
Scammers Want to Steal Your MOney
The FTC is now warning those waiting for their Western Union refund not to pay anyone claiming to be able to get their refund for them faster in exchange for money. Neither the FTC nor the U.S. Department of Justice (DOJ), which is in charge of the refund process in this case, will ever make such a request. It never costs any money to receive a refund through a government agency.
If anyone contacts you and makes such a request, report it to the FTC immediately.
Everyone eligible for a refund in the Western Union case will receive one, but the exact amount will depend on three factors: how much they lost to the fraud, how many people request a refund, and how large the total losses are.
Deadline to Submit a Claim
Consumers have until May 31, 2018 to submit a claim for refund in this case. The DOJ will verify all claims before refunds are issued. There is no way to get your Western Union refund any faster.