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FTC Secures $337.3 Million for Consumers Cheated by Unlawful Practices in 2024!


Published on 2025-03-16 23:21:36 - MyChesCo
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  • The Federal Trade Commission (FTC) has released its 2024 Annual Report on Refunds to Consumers, showcasing $337.3 million refunded to individuals affected by a range of unlawful

The Federal Trade Commission (FTC) has successfully secured $337.3 million in refunds for consumers who were victims of various unlawful practices in 2024. This includes $166 million from a case involving deceptive practices by a major credit repair company, $100 million from a settlement with a company that falsely promised student loan forgiveness, and $71.3 million from a case against a group of companies that engaged in illegal robocalls. These funds will be distributed to affected consumers as part of the FTC's ongoing efforts to combat fraud and protect consumer rights. The FTC continues to pursue legal actions against entities that engage in deceptive or unfair business practices, ensuring that consumers receive compensation for their losses.

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[ https://www.msn.com/en-us/money/personalfinance/ftc-secures-337-3-million-for-consumers-cheated-by-unlawful-practices-in-2024/ar-AA1B39Ws ]
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