REFUNDS FOR PEOPLE WHO LOST MONEY TO A PYRAMID SCHEME
The FTC is mailing a second round of checks to people who lost money in an illegal pyramid scheme. The FTC alleged that BurnLounge, Inc. misled possible recruits by pretending to be a legitimate multilevel marketing program and by claiming that participants were likely to make a lot of money operating online digital music stores.
The FTC mailed the first round of checks in June 2015. Because money still remains in the fund, the FTC is mailing an additional 6,435 checks totaling more than $85,000.
If you have questions about the case, you can call the hotline at 1-877-417-4484.