Walmart’s $4 million payout deadline is drawing near, and only certain customers are entitled to get the money. Follow these steps to submit a payment request.
The Walmart gift card frauds are said to have started in 2015 when con artists advised victims to buy Walmart gift cards worth $500 to $1,000, according to Top Class Actions.
Walmart froze the remaining balances on gift cards that were allegedly a part of the fraudulent operation between 2016 and 2017. The Department of Justice then went in search of this frozen money so it could pay back customers.
The $4 million in gift card balances that Walmart had frozen were the subject of a lawsuit brought by the Department of Justice. Customers that are impacted will be able to use this money to receive compensation.
Who will receive the $4 million in compensation from Walmart for its customers, and how can they make a claim?
According to Top Class Actions, customers who bought a Walmart gift card between April 1, 2016, and July 31, 2017, are entitled to the referral program’s rewards.
The amount loaded onto the Walmart gift cards that affected customers bought may determine whether they get a referral payout. If customers have already received payments from a bank or another source, payments will be decreased. The reimbursement does not include the scam-related collateral costs.
How To request for compensation from Walmart?
Consumers only have until June 29, 2023 to fill out a form in order to be eligible for a payout. Only Walmart gift card buyers who fell victim to a scam in which scammers urged victims to acquire gift cards between April 1, 2016, and July 31, 2017, should fill out the form. You can fill out the application online and send it in.
Customers who make claims for gift cards must show receipts or other documents verifying the purchase. No one who is not entitled to compensation should submit a claim.