FTC
Retail Giant Faces $10 Million FTC Hit for Letting Scammers Exploit Transfer Services
Anthony Lane
Retail giant Walmart was fined $10 million by the FTC for failing to stop scammers from using its money transfer services to steal hundreds of millions from consumers. This article unpacks the ruling, explains common scams like the "grandparent" and "lottery" schemes, and provides a practical guide for protecting your family. Learn the red flags, what to do if you're targeted, and how community awareness is the ultimate defense against fraud.
