$586M settlement reached with Western Union in scam claims | KOB 4
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$586M settlement reached with Western Union in scam claims

$586M settlement reached with Western Union in scam claims

Marian Camacho
April 24, 2018 11:47 AM

ALBUQUERQUE, N.M. – Attorney General Hector Balderas wants New Mexicans to get a piece of a multi-million dollar settlement with Western Union.

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The $586 million comes after consumers lost money to scammers who used the company’s money transfer system between January 1, 2004, and January 19, 2017.

The Federal Trade Commission said the thieves received payments from their victims, even though Western Union was aware of the problem and had received hundreds of thousands of complaints.

“New Mexican families got ripped off while Western Union made huge profits,” said Balderas. “Whether a company scams the hard-earned money of New Mexico consumers directly, or allows scammers to get paid by turning a blind eye to their illegal activities, my office will do everything in its power to get that money back in the pockets of New Mexicans.”

Affected consumers should click here to file a claim and learn more about the claims process.

Balderas is urging New Mexicans to file a claim before May 31, 2018.

Credits

Marian Camacho

Copyright 2018 KOB-TV LLC, a Hubbard Broadcasting Company. All rights reserved

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