$125 million available from MoneyGram refund settlement
July 7, 2021
[Direct link to consumer alert mn.gov/commerce/media]
The claims process is now open for victims to file for a share of a $125 million settlement MoneyGram International reached with federal authorities three years ago.
The Minnesota Department of Commerce licenses and regulates businesses that cash checks, transmit money, own and operate ATMs and provide electronic funds transfers.
Individuals who sent a MoneyGram transfer to a scammer from the United States between January 1, 2013 and December 31, 2017 and used their name on the money transfer are eligible to file a claim.
Con artists often tell their victims to send them money through MoneyGram and other wire transfer services because the payments are instant and difficult to reverse.
Never wire money to someone you don’t know.
There is no cost to file a claim form. You do not need a lawyer to file a claim. The deadline to file is August 31, 2021.
To file a claim, you must have a MoneyGram money transfer control number, an eight-digit number assigned to each transfer. It is listed on receipts and completed send forms.
Be patient, as It could take more than a year for claims to be processed.
If you receive a phone call, mail, email or social media message asking you to pay to receive your refund, that is a scam and you should disregard it.
For more information about eligibility and the claims process, go to ftc.gov/moneygram and moneygramremission.com
If you have any questions about whether something is a scam, or suspect that you may be a victim of a scam, please call the Minnesota Department of Commerce at 952-237-7571, email the Department at email@example.com or file a complaint at https://mn.gov/commerce/consumers/file-a-complaint.
With You Every Day
The Minnesota Department of Commerce mission is to protect all Minnesotans in their everyday financial transactions by investigating and evaluating services, and advocating that they be fair, accessible and affordable. Wherever you are in Minnesota, the Department of Commerce is with you every day. Whether you’re filling up on gas, purchasing a home, working to reduce energy consumption or rebuilding after a disaster—we are with you, no matter what. The Minnesota Department of Commerce oversees more than 20 regulated industries, ensuring that Minnesota businesses are strong and Minnesota consumers are protected. Learn more at mn.gov/commerce.