FTC To Issue Refund Checks to Victims of Alleged Pyramid Scheme
June 17, 2015 This week, the Federal Trade Commission (“FTC”) announced that it will begin mailing out over 50,000 checks that will total approximately $1.9 million as redress for consumers victimized by a Ponzi scheme operated by BurnLounge, Inc. (“BurnLounge”). The announcement comes nearly a year after the FTC prevailed on an appeal that ultimately […]
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