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FTC prepares to send out $125 million in refunds to people who got scammed

If you used MoneyGram to send money to someone who turned out to be a scammer, you could get some of that money back.

The Federal Trade Commission and the Department of Justice said MoneyGram’s anti-money laundering and anti-fraud programs experienced significant weaknesses — which caused a substantial rise in consumer fraud transactions.

If you used the service to send money between Jan. 1, 2013 and Dec. 31, 2017, and it went to a scammer, you could be eligible to file a claim for a refund.

After a 2018 settlement, the FTC is distributing $125 million.

You don’t have to be a U.S. citizen or be in the U.S. to file a claim. You don’t need to pay anything to file a claim, and you don’t need a lawyer.

But you do have to file by the end of this August.

More information is available online.

Massachusetts court hears arguments in lawsuit alleging Meta designed apps to be addictive to kids

BOSTON (AP) — Massachusetts' highest court heard oral arguments Friday in the state's lawsuit arguing that Meta designed features on Facebook and Instagram to make them addictive to young users. The lawsuit, filed in 2023 by Attorney General Andrea Campbell, alleges that Meta did this to make a profit and that its actions affected hundreds of thousands of teenagers in Massachusetts who use the social media platforms. “We are making claims based only on the tools that Meta has developed because its own research shows they encourage addiction to the platform in a variety of ways,” said State Solicitor David Kravitz, adding that the state's claim has nothing to do the company's algorithms or failure to moderate content. Meta said Friday that it strongly disagrees with the allegations and is “confident the evidence will show our longstanding commitment to supporting young people.” Its attorney, Mark Mosier, argued in court that the lawsuit “would impose liabilities for performing traditional publishing functions” and that its actions are protected by the First Amendment.
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