FTC Release: Walmart to Pay $10 Million to Settle FTC Allegations it Allowed Scammers to Obtain Millions from Consumers Using Company's Wire Transfer Services

Dow Jones

2025/06/21

Court order also requires Walmart to take actions to detect and prevent wire transfer fraud

Walmart will pay $10 million to settle Federal Trade Commission charges that it turned a blind eye to scammers who used its in-store money transfer services to take hundreds of millions of dollars from U.S. consumers.

View Press Release: https://www.ftc.gov/news-events/news/press-releases/2025/06/walmart-pay-10-million-settle-ftc-allegations-it-allowed-scammers-obtain-millions-consumers-using

(END) Dow Jones Newswires

June 20, 2025 16:08 ET (20:08 GMT)

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