Kentucky Attorney General Andy Beshear announced Tuesday that Western Union has agreed to pay an initial estimate of $6.8 million to Kentuckians who have been victims of fraud induced wire transfers involving the company. Beshear said much of the money will go to repay senior citizens who are particularly targeted and victimized by many of the scams that utilize Western Union. The agreement is part of a multistate settlement with the company to resolve an investigation on complaints by consumers who transferred money to a fraudulent third party using the company’s services. Kentucky will receive nearly $60,000 in penalties from the settlement that will go to the state’s General Fund.