GREEN BAY, Wis. (WBAY) - In this week's Target 2 Consumer Alert, it’s payback time! More than $500 million is going back to people who were taken in scams, after they wired money through Western Union.
It's not often you get a chance to get your money back when you're scammed. We've followed these scams for years in our Target 2 Consumer Alerts, grandparent’s scams, lottery or loan scams.
One of the most popular ways scammers ask people to pay, wiring money. If you were tricked by scammers to use Western Union, you can ask for your money back. This is a $586 million payback.
This week the Federal Trade Commission announcing details about how to get your money back. The FTC settled with Western Union saying the company knew for years they were being used by scammers and didn't protect people from fraud.
Here’s how to file a claim:
First look at the dates because this covers a 13 year period. If you wired money between January first 2004 and January 19th (2017) of this year, you qualify.
If you already reported a fraud loss to Western Union, the FTC or another government agency, you might get a claim form in the mail. They were mailed this week.
If you didn't get a form or file a complaint go to the ftc.gov website to file a new claim. You'll be asked for documentation, any receipts to show the wire transfer.
If you don't have those receipts you can still file just give as much information as you have. The Department of Justice will use the information to try and validate your Western Union money transfer.
Also, know that you have to give your social security number in this secure website.
Here's the important date you need: You have until Monday February 12th to file your claim.
Lastly, be patient because all these claims have to be checked and verified, it could take up to a year get your money back.