Kentucky victims of fraud involving Western Union urged to file claims
FRANKFORT, Ky. (WTVQ) – Kentucky Attorney General Andy Beshear announced Monday that Kentuckians who have been victims of fraud induced wire transfers involving Western Union need to begin filing claims as part of a global settlement reached January with the company.
An estimated 7,000 Kentuckians are eligible for roughly $6.7 million in claims.
Kentuckians who reported to Western Union, the Federal Trade Commission or Beshear’s office that they had been the victim of a scam using Western Union between January 1, 2004, and Jan. 19, 2017, should receive a claim form in the mail.
Beshear said anyone who was the victim of fraud who sent funds to scammers using Western Union is eligible to receive compensation if they file a claim form. He is urging Kentuckians to take advantage of this opportunity.
A claim form will be sent from the settlement administrator in the next two weeks. The form will contain instructions explaining how Kentuckians may file their claim to receive compensation.
All completed claims forms must be mailed back to the settlement administrator by Feb. 12, 2018.
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.
The agreement Beshear announced in January is part of a multistate settlement with Colorado-based The Western Union Company to resolve an investigation on complaints by consumers who transferred money to a fraudulent third party using the company’s services.
Beshear said most of the settlement amount would go to repay senior citizens who are particularly targeted and victimized by many of the scams that utilize Western Union.
The $586 million nationwide settlement also requires Western Union to develop and put into action a comprehensive anti-fraud program designed to help detect and prevent incidents of fraud from scammers.