The global money service company Western Union has admitted it helped people commit wire fraud, among other criminal violations, and agreed to pay $586 million. The settlement is the result of an ...

The deal involves 49 states and the District of Columbia, and followed “an investigation into complaints by people who used Western Union’s wire transfer service to send money to third parties ...

Illegal Western Union wire transfers amounted to $1.7 billion from 2001 to 2006, according to the Attorney General’s Financial Crimes Task Force.