Certain MoneyGram customers to get funds back - KSFY News - Sioux Falls, SD News, Weather, Sports

Certain MoneyGram customers to get funds back

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Customers of MoneyGram are eligible to get their money back from a marketing and consumer fraud scheme involving advance fees.

The agreements arouse from MoneyGram's involvement in mass marketing and consumer fraud causing tens of thousands of individuals to lose money from ‘advance fee" schemes and similar scams.

South Dakota Attorney General Marty Jackley issued a news release Thursday saying a settlement was entered with MoneyGram agreeing to pay $100 million, which the U.S. Postal Inspection Service forfeited in order to return the funds back to eligible consumers.

Certain MoneyGram customers will be eligible to get their money back if they fulfill the following requirements:

Sent money using MoneyGram between January 1, 2004 and August 31, 2009.

Sent money in the United States or Canada to a payee in the United States or Canada.

Lost money because of fraud - the customer must have been defrauded into sending the money i.e. promising victims they would receive a large cash prize, purchasing high-ticket items for sale at discounted rates over the internet and never receiving or secret shopper scams.

Claim letters were mailed to known victims in July of 2013. If consumers did not receive a petition letter and you lost money as a result of the MoneyGram schemes between the designated time frames from 2004 through 2009, and believe you are a victim, you will need to complete and submit a Remission Form that has to be postmarked no later than November 15, 2013. The following contact information should be used to obtain the Remission Form:

Toll-free number (United States Only): 877-282-2610


If you have any additional questions regarding this agreement, contact the Attorney General's Consumer Protection Division at 1-800-300-1986 or at consumerhelp@state.sd.us.

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