FTC sends refunds to people who paid into a business opportunity
The FTC is sending a third round of checks to people deceived by the operators of an alleged business opportunity fraud. According to the FTC, the defendants—who operated under names such as Building Money, Prime Cash, Wyze Money, and Titan Income—telemarketed bogus online investment opportunities to people across the nation.
The first round of checks was mailed in March 2019, and the second round was mailed in June 2020. Because there is still money in the fund, the FTC is mailing an additional 3,200 checks totaling more than $159,000 to people who cashed their previous check and paid more than $1,000 to the defendants.
If you received a check, please cash it within 90 days.
If you have questions, please call the refund administrator at 1-888-227-9829.