$586 million Western Union settlement: Be careful about the company your company keeps
“For many years, Western Union’s money transfer system has been used by fraudsters around the world to obtain money from their victims.†That’s how the FTC’s complaint against Western Union opens – and it tells a compelling story of a corporation the FTC says knew that massive fraud was afoot and had the ability to address it, but chose to look the other way. It didn’t end there because according to the lawsuit, even in the face of obvious...