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Walmart Agrees to $10 Million Settlement Over Money Transfer Fraud

1 min read
Source: NBC News
Walmart Agrees to $10 Million Settlement Over Money Transfer Fraud
Photo: NBC News
TL;DR Summary

Walmart has agreed to pay $10 million to settle a FTC lawsuit accusing it of ignoring warning signs of fraudsters using its money transfer services to scam consumers, and has agreed to improve its fraud detection measures, without admitting wrongdoing.

Topics:business#business#consumer-protection#ftc#money-transfer-fraud#settlement#walmart
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  1. Walmart to pay $10 million to settle lawsuit over money transfer fraud  NBC News
  2. Retail giant reaches $10 million deal to end consumer fraud complaint  Cleveland.com
  3. Walmart (WMT) Pays $10 Million Fine to Settle Lawsuit over Money Transfer Fraud  TipRanks
  4. Walmart Shells Out $10M To Resolve FTC Money Transfer Suit  Law360
  5. Walmart (WMT) Settles FTC Fraud Charges with $10M Payment | WMT Stock News  GuruFocus

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