MoneyGram Refund From $115 Million Settlement— See Who Qualifies

MoneyGram refund comes from a $115 million settlement for a 2018 lawsuit. Read and find out who qualifies for the refunds!

MoneyGram Refund [Photo: Consider The Consumer]

According to Burbrink, the MoneyGram refund will compensate the victims of the full amount of their losses. Almost 39,000 victims will be part of the refund and more than a $115 million total will be distributed to them. Nonetheless, the MoneyGram states that the number of fraud complaints they receive has steadily decreased in the past eight years. In 2022, only 0.009% of more than 100 million money transfers processed by MoneyGram were reported to be fraudulent.

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Who is qualified for the MoneyGram Refund?

According to Marshall, to qualify for the MoneyGram refund, one must have submitted a claim during the open claims process in 2021. Those who sent a MoneyGram money transfer in the U.S. between January 1, 2013 and December 31, 2017 are also qualified. The deadline to submit claims has been on August 31, 2021.

MoneyGram states that the amount to be received in MoneyGram refund depends on the amount of money transfer made. Unfortunately, other expenses like money transfer fees, transfers to other companies, and incidental losses will not be included in the MoneyGram refund.

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