Have you or a family member ever wired money to a scammer?

If you answered yes and you used Western Union to send the money you could be entitled to a piece of a $586 million settlement.

According to WSOC, the Federal Trade Commission accused the money transfer company Western Union of looking the other way when victims wired scammers money using their service, and now Western Union has agreed to settle the case for $586 million.

The FTC has said that Western Union was fully aware of the problem that usually involved a bunch of different scams including people wiring money based on bogus lottery winnings, prizes, family emergencies, and online dating to name a few.

If you fell for a scam and wired money between January 1, 2004 through January 19, 2017 you could be entitled to a piece of the $586 million settlement. If you plan on filing a claim, you must do so before February 12, 2018.

If you would like to file a claim, you can go to FTC.gov and fill out the required information.

As always remember to watch out for scammers that could take advantage of this process, as the FTC has made it clear that nobody that is a part of this process or claim will ever call you to talk about your claim or gather your personal information over the phone.