Western Union will be returning money to people who were tricked by scammers into sending them money through the money wiring company.
It's part of a $586 million settlement with the Federal Trade Commission and the Department of Justice.
Here's what you need to know:
- The DOJ plans to open the refund process later this year. It will be called the "Petition for Remission" process.
- If you sent money to scammer vis Western Union between January 1, 2004 and January 18, 2017, you might be eligible for a refund.
- DOJ will verify all the claims it gets before sending out any refunds.
- The amount of the refund depends in part on the number of people who file a claim and how much they each lost.
- Get your paperwork together, like money transfer receipts, in case you need them to file a claim.
- Check out the FTC's and DOJ's FAQ to learn more.
We'll let you know as soon as you can file a claim so check back with us.