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U.S. FTC sues Walmart for allegedly allowing money transfer services for fraud

WASHINGTON, June 28 (Reuters) – The U.S. Federal Trade Commission said Tuesday it sued Walmart Inc (WMT.N), alleging the company had done too little to prevent scam artists from using its money transfer services for fraud that cost consumers “tens of millions of dollars annually.” Walmart, which offers some financial services, acts as an agent forContinue reading “U.S. FTC sues Walmart for allegedly allowing money transfer services for fraud”