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2.9 Million Returned to Consumers Harmed by the Warrior Trading Investment Program

The Federal Trade Commission (FTC) is distributing payments of over $2.9 million to 20,402 individuals who were misled by Warrior Trading’s investment programs. Warrior Trading made false and unrealistic claims to sell a day trading system that did not deliver results for most customers. The FTC will send the payments via check and PayPal, and recipients are encouraged to cash the check within 90 days or accept the PayPal payment within 30 days. Consumers can contact the refund administrator, JND Legal Administration, with any questions about their payment. The FTC did not require people to pay money or provide account information to receive a payment. The FTC filed a lawsuit against Warrior Trading and its CEO, Ross Cameron, in April 2022 for making deceptive earnings claims in their sales pitch. As a result of a recent Supreme Court ruling, the FTC no longer has the authority to seek monetary relief in federal court, making it harder to provide refunds to consumers harmed by deceptive conduct. The FTC has called on Congress to restore its ability to provide refunds to consumers. The FTC’s mission is to protect and educate consumers and promote competition. More information can be found on their website or by reporting fraud, scams and bad business practices.

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