Western Union to Issue Warnings on Fraud

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00002223-western-union-to-issue-warnings-on-fraud/

By Michael Gormley, Associated Press

Western Union Financial Services will post prominent warnings to customers about fraudulent telemarketers who are increasingly requiring consumers to wire money because it is harder to trace, according to an agreement Monday with 47 state attorneys general.

After receiving hundreds of complaints, state investigators reviewed all transfers that occurred in 2003 between the United States and Canada. The review found 38 percent of those transfers were “fraudulently induced,” according to the announcement.

For this complete story, please visit Western Union to Issue Warnings on Fraud.

Western Union to Issue Warnings on Fraud

Unknown Author

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