FTC Mails Refund Checks to Consumers Harmed by Mortgage Relief Scam

Checks totaling $1.87 million will be sent to about 1,600 consumers

FTC Mails Refund Checks to Consumers Harmed by Mortgage Relief Scam
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May 9, 2016

More than 1,600 consumers will be receiving checks from the Federal Trade Commission (FTC) as part of a settlement with an illegal telemarketing operation.

About $1.87 million will be mailed to people harmed by Expense Management America, a Canada-based scheme that charged homeowners an up-front fee for debt and mortgage relief services it never provided.

The amount of each check will vary depending on how much each consumer lost. Recipients should deposit or cash checks within 60 days of the mailing date. The FTC never requires consumers to pay money or provide information before refund checks can be cashed.

Consumers who receive checks and have questions can contact the FTC's refund administrator, Gilardi & Co., LLC, at 844-239-8891.