FTC's $25.5M scam refund treats victims to $34 each
ID: ddeaef4b-d056-5904-beee-359fb05bdb6e
STIX ID: report--ddeaef4b-d056-5904-beee-359fb05bdb6e
Feed Name: The Register (Security)
The FTC is issuing over $25.5 million in PayPal refunds to approximately 736,375 consumers after alleging that Restoro and Reimage ran a tech-support scam (dating back to at least 2018) that used fake Microsoft Windows pop-ups and fraudulent scans to coerce payments; the companies agreed to a $26 million settlement and were barred from misrepresenting their services. The report also highlights that scams cost consumers over $12.5 billion in 2024 and provides complaint and loss statistics across age groups.
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