Requires transmitters of money to provide a certain warning to consumers

This bill requires money transfer services (like Western Union or online platforms) to provide a clear, upfront warning to consumers before they send funds. The warning must include bold text about fraud risks, examples of common scams (such as fake lottery winnings or loans), and instructions on how to ask questions or stop a transfer. It applies to in-person, phone, or online money transfers but excludes gift cards and certain electronic transfers. Violations could result in civil penalties up to $500 per offense.