FTC Returns Money to Victims of 'Money Now Funding' Work-at-Home Scam
Consumers who lost money to the scam will receive a refund check averaging $214.68
The Federal Trade Commission (FTC) is mailing 2,031 checks totaling more than $436,000 to people who lost money to Money Now Funding, a work-at-home scheme that conned people—including many seniors with limited income and savings—into thinking that they could make money by referring merchants in their area to a non-existent money-lending service.
People who lost money to the scam will get an average of $214.68 each. Recipients should deposit or cash the refund checks within 60 days.
The FTC reminds consumers that it never requires people to pay money or provide personal account information to cash refund checks. If anyone asks for such information, report the con to the FTC immediately!
Consumers with questions can contact the FTC's refund administrator, Rust Consulting, Inc., at (800) 419-5336.
To learn more about the FTC's refund program, visit ftc.gov/refunds.