Dept. of Justice Recovers Nearly $4 Million in Walmart Gift Card Scam

The US Department of Justice has obtained almost $4 million in remission of a Walmart gift card scam, compensating customers affected by the fraudulent scheme.

Here’s What You Should Know

The US Department of Justice (DOJ) has obtained remission of approximately $3,958,060.84 in a Walmart gift card scam. The DOJ alleged that the scam began in 2015 when fraudsters directed victims to buy Walmart gift cards ranging from $500 to $1,000.

Between 2016 and 2017, Walmart froze the balances on gift cards suspected of being part of the fraudulent scheme.

Consequently, the DOJ sought this frozen money to reimburse customers.

In an effort to obtain compensation for the affected consumers, the DOJ filed a lawsuit for the forfeiture of the $3,958,060.84 in gift card balances that Walmart had frozen.

The DOJ has now made this money available for compensation payments. Walmart will pay $4 million to customers as compensation, and the referral program benefits those who bought a Walmart gift card between April 1, 2016, and July 31, 2017.

The compensation amount that a consumer will receive is based on the value loaded onto the Walmart gift card that was purchased, and payments will be reduced if the consumer has already received compensation from a bank or another source.

However, the compensation does not cover any collateral expenses related to the fraudulent scheme.

To request payment from Walmart, individuals who purchased a Walmart gift card between April 1, 2016, and July 31, 2017, as a result of the fraudulent scheme where scammers directed victims to buy gift cards, must submit a claim for the funds.

Customers seeking payment must submit a form by June 29, 2023. The requests page is where individuals can submit their request form.

Customers submitting a claim must have documentation that proves the purchase of the gift cards. Individuals who do not qualify for compensation should not file a claim.

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