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FTC returns money from online operation promising free gas |
October 18, 2013
The U.S. Federal Trade Commission has begun to send more than 58,000 refund checks to consumers who lost money to Green Millionaire, a company that promised a free book explaining how to power cars and homes at no cost, but then billed customers for an online magazine they never ordered.The agency is returning more than US$1.9 million it has recovered it its case against the company, the FTC said Friday. The amount recovered represents about 54 percent of consumers' estimated loss in the case, the agency said.Victims of the operation will receive an average of $33.88 from the FTC, based on individual loss. People receiving checks from the FTC should cash them within 60 days, the FTC said.The FTC filed a complaint against the San Francisco-based operation in U.S. District Court for the District of Maryland in April 2012.To read this article in full or to leave a comment, please click here
Link: http://www.pcworld.com/article/2056160/ftc-returns-money-from-online-operation-promising-free-gas.html#tk.rss_all
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