The FTC recently announced that it is sending more than $969,000 to 10,387 customers who were bilked out of their funds through a telemarketing scam operated by Innovative Wealth Builders (IWB).

According to the FTC, IWB “falsely promised consumers it could reduce their credit card interest rates and save them thousands of dollars on their debts.” The FTC sued IWB and alleged that it made false claims to consumers and billed consumers without their consent.

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