New Hampshire gets share of Western Union fraud settlment
CONCORD, N.H. (AP) — New Hampshire is getting about $45,000 as part of a settlement between The Western Union Company and 47 other states.
Attorney General Joseph Foster says the company has agreed to pay a total of $5 million to 48 states plus the District of Columbia. That's in in addition to a settlement announced earlier this month in which the company said it will pay $586 million to compensate fraud victims who used Western Union to wire money to scam artists.
Ticker: WUTax Rate: 11.04%Pre-Tax Income: $941,800,000Income Tax Expense: $104,000,000Western Union had a monopoly on the telegraph industry in the late 19th century.
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