US citizens who had fallen victim for a work-from-home scam that took advantage on the Google name will receive refunds courtesy of the US Federal Trade Commission (FTC).
The committee will distribute over 90,000 refund checks worth about $2.3 million to Americans who fell for the fraudulent scheme and charged with hidden costs.
The FTC classified the names Google Money Tree, Google Pro and Google Treasure Chest as scams operated without consent and any relation to the search giant.
People behind it assured consumers who wish to work from home the potential of making nearly $100,000 in less than a year.
In 2009, the FTC crushed the illegitimate enterprise through Operation Short Change and said the company behind the scam had been exploiting Google’s name and logo to convince people of handing over financial and banking accounts in exchange for an alleged work-from-home kit.
However, the proposal had a handful of problems: no way to work from home and earn money, no affiliation whatsoever with Google, and hidden monthly charges from customers.
Under an undisclosed agreement with the FTC, the perpetrators behind the scam will no longer have approval from trading in the same manner again and will make repayments to the FTC.
The FTC now uses these repayments to distribute the refund checks.
Image: Plutor via Flickr (CC)