FTC SENDS CHECKS TO PEOPLE WHO PAID FOR BUSINESS COACHING SERVICES
The FTC is mailing a third round of checks to people who bought business coaching services from a telemarketing scheme that promised to help them create successful internet businesses. The telemarketing scheme operated under various names, including: Professional Learning Institute, Pinnacle Learning Institute, Advantage Education, and Discover Education. According to the FTC, these companies falsely promised that people who paid high upfront fees to use their services would create successful online businesses. Under settlements with the FTC, the defendants agreed to be banned from selling business coaching services and work-at-home opportunities.
The FTC first mailed checks in this matter in January 2018. The agency recently reached a settlement with First Data Merchant Processing, a company that processed payments for the defendants. The FTC is using a portion of that settlement to mail an additional 4,190 checks totaling nearly $5 million to people who previously received a check in this matter.
If you get a check, please cash it within 90 days.
You can find answers to common questions about refund payments on our FAQ page. If you have any other questions, please call the refund administrator at 1-855-225-1885.