The Justice Department today announced that the Western Union Remission Fund began a distribution of approximately $40 million in funds forfeited to the United States from the Western Union Company to approximately 25,000 victims located in the United States and abroad. These victims stand to recover the full amount of their losses.
This is the first distribution in the second phase of the Western Union Remission distributions. The first phase of distributions paid more than $365 million to over 148,000 victims, all of whom received full compensation for their losses. The Justice Department anticipates authorizing more distributions for victims in the coming months.
The Justice Department continues to accept petitions for remission from those victimized by the scheme.
In 2017, Western Union entered into a deferred prosecution agreement…
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