$125M Settlement Checks In The Mail: MoneyGram Remission
A claim form for a $125 million settlement benefiting consumers who sent money to scammers using MoneyGram is now available.
Who Is Eligible?
Anyone who sent money to a scammer using MoneyGram between January 1, 2013, and December 31, 2017, should have received a pre-filled claim form allowing them to file a petition for remission as part of the settlement.
Only MoneyGram transactions sent from the United States are eligible. However, Class Members do not need to be citizens or residents of the United States to file a claim for a MoneyGram remission. On the money transfers, Class Members should have used their own names.
In 2009, MoneyGram and the Federal Trade Commission agreed on modifications that would make it more difficult for scammers to use the money transfer service to defraud people.
What Are The Potential Awards?
According to MoneyGram’s website, the company has served approximately 150 million individuals at its 380,000 outlets around the world in the last five years.
The amount each Class Member will receive in the MoneyGram remission settlement will most likely be less than the amount they lost, and it will not include any previous MoneyGram refunds received.
Instead, the payment will be solely based on the transfer amount. Other charges, such as transfer fees, are not recoverable.
Class members who disagree with the loss amount printed on their pre-filled petition for the MoneyGram remission should fill out the requested information on the petition form. Additionally, they should provide documentation to support their claim, such as MoneyGram receipts, send forms, or history reports with an eight-digit money transfer control number listed.
Original receipts are not expected to be supplied by claimants. Moreover, by August 31, 2021, claims must be submitted.
Editor’s Note on MoneyGram Remission Settlement 2021:
This article is published to inform you of the latest $125 million settlement benefiting consumers who sent money to scammers using MoneyGram.
Case Name & No.: United States of America v. MoneyGram International Inc., Case No. 1:12-cr-291 in the U.S. District Court for the Middle District of Pennsylvania
Products/Services: MoneyGram Remission Scam
Allegations: Scammers allegedly the Moneygram remission program to cheat people
Have you been scammed before? Have you used MoneyGram to send money to scammers? If something doesn’t feel right, you can message us by clicking the ‘Contact Us’ button below. We would love to hear from you.
Suggested Article: Axos Bank Class Action Lawsuit Investigation 2021.