People who transferred funds to con artists via MoneyGram are getting something that every scam victim wants, but few people ever receive: their money back. 

The Federal Trade Commission is paying $115 million to 38,889 people who sent money to scammers using MoneyGram (MGI) between 2013 and 2017, the commission said Friday. The money comes from a $125 million payment the wire transfer company made to the government to settle a 2018 accusation from the FTC that it wasn’t doing enough to stop people from sending money to scammers over its network. All of the victims are getting full refunds, the FTC said.

“MoneyGram violated an FTC order by continuing to let scammers rip off its customers,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection, in a press release. “The FTC is pleased to be working with our law enforcement partners to provide refunds to claimants. Other firms that facilitate fraud and ignore FTC orders should expect to face similar consequences.”

The FTC’s case against MoneyGram goes back to 2009, when regulators ordered the Dallas-based company to take steps to prevent fraudulent transfers. Wire services are popular with scammers because wire transactions, once processed, are usually impossible to reverse, the FTC says. The FTC, a government agency charged with consumer protection, has pushed companies to do more to prevent fraudulent transactions. The FTC has also gotten compensation for scam victims who paid via Western Union (WU); and is similarly suing Walmart (WMT), seeking to make them reimburse fraud victims. 

Wire transfer was the fifth-most common payment method among scams reported to the FTC in 2021, the most recent year for which full statistics are available. More than 60,000 people paid scammers $483 million via wire that year. 

MoneyGram, which says it has more than 380,000 locations, did not immediately respond to a request for comment.

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