28 AUG

Tech support scam victims lost $120 million—and will get $10 million back

Victims of a tech support scam are about to get refunds, but on average they will recover less than 10 percent of what they lost.

The Federal Trade Commission is sending e-mails to victims of the scam with instructions on how to claim a partial refund, the agency said today. Scam victims will have until October 27 of this year to apply for a refund.

The case stems from November 2014, when the FTC announced that “a federal court has temporarily shut down two massive telemarketing operations” that raked in more than $ 120 million “by deceptively marketing computer software and tech support services.”

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Ars Technica

Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.