Vermonters may now seek compensation from $586M Western Union fraud fund

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Vermonters may now seek compensation from $586M Western Union fraud fund

Mon, 11/13/2017 - 3:34pm -- tim

Vermont Business Magazine Vermonters who were deceived into sending payments to scammers using Western Union's wire transfer service may now apply for compensation from a 586 million dollar fund administered by the Department of Justice's Victim Asset Recovery Program. This fund is related to a multi-state settlement with Vermont Attorney General TJ Donovan and 49 other states, the District of Columbia, and Western Union that was first announced in January. Vermonters may be eligible to receive compensation if they were a victim of a fraud-induced transfer using Western Union between January 1, 2004 and January 19, 2017.

Vermonters who reported to Western Union or to the Vermont Attorney General's Office that they had been the victim of a scam using Western Union may receive a claim form in the mail. The claim form will be sent from the settlement administrator in the next two weeks. The form will contain instructions explaining how consumers may file their claim to receive compensation.

If you do not receive a claim form in the mail but believe you may have an eligible claim, please visit http://www.westernunionremission.comor call 1-844-319-2124 for more information on how to file a claim. All completed claims forms must be mailed back to the settlement administrator by February 12, 2018. The Attorney General's Office encourages Vermonters to reach out to our Consumer Assistance Program if they have questions or concerns at 1-800-649-2424 or https://www.uvm.edu/consumer/.

Source: Vermont AG. Nov 13, 2017