Consumers to Get $3 Million in Refunds

Checks to victims of “Wal-Mart Shopping Spree” Scam

By Liz Crenshaw
|  Friday, Apr 29, 2011  |  Updated 4:51 PM EDT
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Consumers to Get $3 Million in Refunds

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The check is in the mail, and this one you should cash. So says the Federal Trade Commission, which began mailing checks to more than 172,000 consumers who were defrauded by the so-called “Wal-Mart Shopping Spree” scam.

The FTC said Universal Premium Services falsely promised consumers free gifts such as shopping sprees to stores such as Wal-Mart and Macy’s, movie passes, and gas vouchers. Consumers were tricked into paying monthly fees for memberships in discount buying and travel clubs. Universal Premium Services was ordered to pay $28.2 million.

The amount each consumer receives will vary depending on how much the consumer lost in the scam. The average check will be for about $18 and will need to be cashed within 60 days.

For more information on this case, check the FTC website here.
 

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