Quick Summary of the Western Union Scam Settlement
Western Union has agreed to pay $587 million dollars in order to settle a civil investigation by the Federal Trade Commission (FTC). In this case, it’s Phase 2 of Remission payments. The first phase of remission distributed $366 million to more than 148,000 people but funds are still available. Affected individuals can now benefit from the second round of payments.
Western Union was accused of aiding and abetting wire fraud by helping criminals pose as family members, lotteries, or sweepstakes winners so they could entice victims into wiring large sums of money. The U.S. Postal Inspection Service found that people were instructed to send their funds through Western Union because it’s faster than other methods like regular banking.
|Class Action Name||Western Union Remission Phase 2|
|Claim Deadline||August 31, 2022|
|Time to File Claim||10 to 20 minutes|
|Eligibility||If you were a victim of Western Union’s wire fraud scheme between between January 1, 2004, and January 19, 2017|
|Method of Payment||Mailed Check|
|Settlement Administrator||US v. The Western Union Company|
PO Box 43532
Providence, RI 02940-3532
What is Remission?
The settled money paid by Western Union is made available to victims through the process of remission, which consists of victims filing a petition for remission detailing the loss amount and the Department of Justice’s Money Laundering and Asset Recovery Section will then compare the amount requested to Western Union’s records and decide whether to grant or reject the petition. The approved petitioners will receive payment for all or some of the approved losses.
Are you an eligible Petitioner for Phase 2?
Western Union is offering the second round of payments to individuals who were victims of the wire fraud scheme between January 1, 2004, and January 19, 2017. Various forms of proof and documentation are required, including SSN/TINs, documentation of the wire transfer(s), and other files to support your claim.
If you previously filed a petition for Phase 1 and received payment, you are not eligible to file a new petition. If your recognized loss amount is less than the amount you claimed and you believe it is incorrect, you may request a reconsideration by contacting [email protected] without filing a new petition.
What proof is required to file a petition?
The following documentation is requested from the Remission Administrator in order to validate your claim:
- Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) for U.S. Citizens. If you are not a U.S. Citizen, you must state so in the Petition.
- Money Transfer Control Number (MTCN). This is a 10-digit number that is assigned to any money transfer made using Western Union. The MTCN is available on the email confirmation you receive if the transfer was made using the website or the mobile app. For transfers made in person, the MTCN can be found in the printed receipt.
What does the Settlement provide?
Remission payments vary depending on the amount of the losses a customer suffered and if they have already been refunded. The payment will be based solely on the amount of the wire transfer. Payments only cover fraudulently obtained money, so collateral expenses such as Western Union fees, incidental losses, or transfers sent through other businesses, will not be covered.
Who is the Remission Administrator?
U.S. v. The Western Union Company
PO Box 43532
Providence, RI 02940-3532
Are you qualified? Submit your Petition!
If all of the above information applies to your case and you wish to proceed with your petition, please make sure to submit all required documentation and proofs by clicking the button below. Please make sure to complete the process by August 31, 2022.