Over 30,000 New Yorkers were affected by such transfer scams and lost approximately $35 million as a result.
Officials report that the settlement announced in January required Western Union to develop and put into action a comprehensive anti-fraud program created to help detect and prevent incidents where consumers use Western Union to wire money to scam artists. Consumers who meet someone online should also be cautious about wiring money, particularly if a meeting in person has never taken place. The wire service apparently paid over $40,000 to the state's Consumer Protection Fund as a result of the settlement.
Beshear said because the Department of Justice is handling the claims, each claim form requires an individual's Social Security number because the Treasury Offset Program must review approved claims.
In a statement, Schneiderman said, "I'm pleased that this fund will allow thousands of NY fraud victims to receive the compensation they deserve".
"They can call the attorney generals office and we can make sure they get a form", DeWine said. "I encourage New Yorkers to remain vigilant when receiving solicitations and report potential fraud to my office".
Now, AG Laxalt has notified Nevada residents who previously filed claims with Western Union that they may be eligible for compensation. All completed claims forms must be mailed back to the settlement administrator by February 12, 2018. The form will contain instructions explaining how consumers may file claims to receive compensation.
Between 2004 and 2012, Western Union processed hundreds of thousands of transactions for Western Union agents and others involved in an worldwide consumer fraud scheme, the settlement says.
Grandparent scams-consumers are led to believe that their loved one are in immediate danger and needs money right away. The scammer will claim that the consumer owes past due tax balance. The attorney general is reminding New Yorkers that legitimate government agencies including the IRS never demand payment by phone.