FTC to Refund $25.5 Million to Victims of Tech Support Scam
Consumers deceived by Cyprus-based companies Restoro and Reimage will receive PayPal payments starting March 13.
- The Federal Trade Commission (FTC) is distributing $25.5 million to over 736,000 victims of fraudulent tech support services provided by Restoro and Reimage.
- The companies used deceptive pop-ups mimicking Microsoft Windows alerts to falsely claim users' computers were infected with viruses, prompting unnecessary purchases.
- Victims paid between $27 and $58 for initial software, with follow-up sales calls pressuring them to spend hundreds more on unnecessary services.
- The settlement, finalized in 2024, included a $26 million fine and barred the companies from misrepresenting their services in the future.
- Eligible recipients have 30 days to redeem their PayPal payments, with further details available through the FTC's website or payment administrator.