Home Credit Card Scams FTC announces refunds for victims of credit card scam, BBB warns of...

FTC announces refunds for victims of credit card scam, BBB warns of airfare scams

GREEN BAY, Wis. (WBAY) – This week, the Federal Trade Commission (FTC) announced that checks are in the mail for nearly 11,000 victims of a credit card interest rate reduction scheme.

The FTC says the checks total more than $11 million, and are for victims of a scheme operated by E.M. Systems and Services, who used a variety of fake business names and websites to cold call people with credit card debt.

The scammers promised to reduce their credit card interest rates to save them thousands of dollars, but they then charged an upfront fee, which was anywhere between $700 and $1,500.

Now, those who filed complaints are getting money back, with the average payment being $995.

In Wisconsin alone, authorities say a combined total of $397,000 is going out to 395 people.

Anyone who does receive a check should deposit or cash their checks within 90 days, which is indicated on the check. The FTC never requires people to pay money or provide account information in order to cash a refund check.

CLICK HERE to see if you are eligible for a payment and didn’t receive a payment, or if you have questions about the payments. You can also contact the refund administrator at 800-239-6082.

Meanwhile, scammers are also taking advantage of the increase in those traveling by planes as more and more people get vaccinated against COVID-19.

The Better Business Bureau (BBB) says they’re getting reports of fake airline booking sites and customer service numbers.

In one report sent to the BBB Scam Tracker,

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