“While scammers used its money transfer services to make off with cash, Walmart looked the other way and pocketed millions in fees,” said Samuel Levine, director of the FTC’s Bureau of Consumer Protection, in aTuesday release. “Consumers have lost hundreds of millions, and the Commiss...
Walmart’s practice of “turning a blind eye to fraud had grave consequences for consumers,” according to the complaint. The FTC’s complaint cites instances in which law enforcement investigations found scammers relied on Walmart money transfers as a primary way to receive payments. T...
Amazon says that retail is acompetitive marketand that it competes with businesses both online and off. The company says it seeks to offer customers the best shopping experience, including the lowest prices. In response to a similar antitrust lawsuit by California's attorney general, Amazon said ...