Walmart beats key claim in US FTC lawsuit over money transfer fraud

WTVB

Center

Media Conglomerate: Midwest Communications

Walmart beats key claim in US FTC lawsuit over money transfer fraud

By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge threw out a central claim in a Federal Trade Commission lawsuit accusing Walmart of turning a blind eye to scam artists who used its money transfer services to fleece consumers out of hundreds of millions of dollars. In a decision on Wednesday, U.S. District Judge Manish Shah in Chicago rejected a claim that Walmart owes monetary damages for violating the federal Telemarketing Sales Rule.…