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AG Ellison gives an update on the state’s new fraud relief fundAG Ellison gives an update on the state's new fraud relief fund
Minnesota Attorney General Keith Ellison on Wednesday gave lawmakers an update on the progress being made to help people who have been scammed out of money.
Ellison said the first checks from the state’s fraud relief fund will go out in around a month.
RELATED: New restitution fund to help make fraud victims whole
The first fraud victims to receive this money will be those impacted by the now-defunct Woodbury Dental Arts Office, which took money from hundreds of patients before abruptly closing its doors without providing services.
50% of the money recovered in a fraud court case will be deposited into a restitution account instead of the state’s general fund. State officials say the fund will be capped at $5 million each year.
Advocates for the fund say that while it’s still new, it’s already helping to take away the embarassment away from falling for scams and gives victims more incentive to file a police report.
The post AG Ellison gives an update on the state’s new fraud relief fund first appeared on KSTP.com 5 Eyewitness News.
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