The Money Transfer After The Money Transfer
The Federal Trade Commission says it is sending more than $9.8 million to consumers harmed by scammers who used Walmart’s wire-transfer services. The payments go to 65,022 affected consumers, according to the agency.
The FTC says Walmart settled charges in June 2025 that it failed to maintain effective anti-fraud policies, did not properly train employees and did not adequately warn customers about fraud risks tied to money transfers. The complaint described scammers taking hundreds of millions of dollars from U.S. consumers.
Sixty-Five Thousand Checks Later
Recipients should cash their checks within 90 days. The FTC says people with questions can contact the refund administrator, Rust Consulting, at 1-833-472-1990 or use the agency’s refund FAQ. The Commission says it never requires consumers to pay money or provide account information to receive a payment.
That last warning is necessary because even the refund process attracts people who want to scam the people who were already scammed. The financial ecosystem has apparently discovered nesting dolls.
The Bottom Line
The FTC says Walmart is required under the settlement to take steps to detect and prevent fraud-induced money transfers. The refunds are real redress from an enforcement case, not a new fee, prize or “release charge.” If someone asks for money to unlock yours, they are trying to add a sequel.