Oct 8, 2026Confirmed
FTC Returns More than $15.8 Million to Consumers Misled by Cash Advance App Company Cleo AI
What the law is doingMisinformationDERIVED
Approved by person, Oct 11, 2026. How entries are approved
Showing full summaries.
What this means for youIf you use cash advance apps, check what they promised about fees and speed before you sign up. Government regulators can make companies pay back people they misled.
Sources
- Federal Trade Commissionhttps://www.ftc.gov/news-events/news/press-releases/2026/10/ftc-returns-more-158-million-consumers-misled-cash-advance-app-company-cleo-ai
Source: U.S. Federal Trade Commission, https://www.ftc.gov
Source data license: US Government work (public domain)
Covered by snapshot 45
da93f03b406f409940d0a6ef47b526607f82ebf457d98f69299b88aceede576a
This entry is record number 1920. It has not been edited since it was approved; the hash above would not match if it had. How to verify